YEARLY HIGH
2.9419 HKD
YEARLY LOW
2.2696 HKD
YEARLY AVERAGE
2.6943 HKD

2022 GEL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2.9419. Conversely, the yearly low was recorded on March 8, dropping to 2.2696.

This high-to-low spread represents a total annual volatility of 0.6723 HKD. From a start-to-finish perspective, comparing the January average rate of 2.5315 to the December average rate of 2.9116, the exchange rate registered a net change of 15.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.9419 was up 15.80% compared to the 2021 peak of 2.5406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 14,710 HKD
2021 Average 12,098 HKD
Yearly Trough Low 11,348 HKD
Transaction Impact: A difference of 3,361.60 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.9602
2.3770
JanuMarcMayJulySeptNove

GEL to HKD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.5727, compared to 2.8159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2432 points.

H1 Avg (Jan–Jun) 2.5727
H2 Avg (Jul–Dec) 2.8159

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2531 HKD (High: 2.5227 / Low: 2.2696). On the other end, January was the most stable month, with a tight range of 0.0425 HKD (High: 2.5607 / Low: 2.5182).

March Spread (Volatile) ±0.2531
January Spread (Stable) ±0.0425

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1751 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.9116) against the same month in 2021 (average: 2.5183), the exchange rate shifted by +0.3934 (+15.62%).

2022 Avg (December) 2.9116
2021 Avg (December) 2.5183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5607 2.5182 2.5315
February 2.6637 2.4629 2.6007
March 2.5227 2.2696 2.4256
April 2.5899 2.5270 2.5633
May 2.7639 2.5770 2.6454
June 2.7162 2.6115 2.6699
July 2.8389 2.6685 2.6858
August 2.9049 2.7107 2.8325
September 2.7883 2.6166 2.7617
October 2.8544 2.7787 2.8259
November 2.9067 2.8545 2.8782
December 2.9419 2.8760 2.9116