2022 GEL to HRK Historical Review

YEARLY HIGH

2.8318 HRK

YEARLY LOW

2.0165 HRK

YEARLY AVERAGE

2.4683 HRK

2022 GEL to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 2.8318. Conversely, the yearly low was recorded on March 8, dropping to 2.0165.

This high-to-low spread represents a total annual volatility of 0.8153 HRK. From a start-to-finish perspective, comparing the January average rate of 2.1595 to the December average rate of 2.6634, the exchange rate registered a net change of 23.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.8318 was up 30.57% compared to the 2021 peak of 2.1687, 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 14,159 HRK

2021 Average 9,916 HRK

Yearly Trough Low 10,082 HRK

Transaction Impact: A difference of 4,076.35 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.8186

2.0694

JanuMarcMayJulySeptNove

GEL to HRK 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 2.2693, compared to 2.6674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3981 points.

H1 Avg (Jan–Jun) 2.2693

H2 Avg (Jul–Dec) 2.6674

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2194 HRK (High: 2.7693 / Low: 2.5499). On the other end, January was the most stable month, with a tight range of 0.0870 HRK (High: 2.2184 / Low: 2.1315).

September Spread (Volatile) ±0.2194

January Spread (Stable) ±0.0870

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 0.0831 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2.7112) against the same month in 2021 (average: 2.1027), the exchange rate shifted by +0.6085 (+28.94%).

2022 Avg (November) 2.7112

2021 Avg (November) 2.1027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2184	2.1315	2.1595
February	2.2799	2.1165	2.2149
March	2.2022	2.0165	2.1319
April	2.3633	2.2115	2.2849
May	2.4791	2.3265	2.4018
June	2.4709	2.3512	2.4228
July	2.6688	2.4538	2.5236
August	2.7227	2.5886	2.6793
September	2.7693	2.5499	2.6707
October	2.8145	2.6819	2.7562
November	2.8318	2.6563	2.7112
December	2.6961	2.6082	2.6634