YEARLY HIGH
5893.9850 IDR
YEARLY LOW
4169.4340 IDR
YEARLY AVERAGE
5116.4131 IDR

2022 GEL to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 5893.9850. Conversely, the yearly low was recorded on March 8, dropping to 4169.4340.

This high-to-low spread represents a total annual volatility of 1724.5510 IDR. From a start-to-finish perspective, comparing the January average rate of 4656.4837 to the December average rate of 5819.8974, the exchange rate registered a net change of 24.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 5893.9850 was up 24.74% compared to the 2021 peak of 4724.9026, 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 29,469,925 IDR
2021 Average 22,269,570 IDR
Yearly Trough Low 20,847,170 IDR
Transaction Impact: A difference of 8,622,755.00 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

5957.0341
4311.3938
JanuMarcMayJulySeptNove

GEL to IDR 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 4752.6516, compared to 5480.1747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 727.5231 points.

H1 Avg (Jan–Jun) 4752.6516
H2 Avg (Jul–Dec) 5480.1747

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 451.5161 IDR (High: 4620.9501 / Low: 4169.4340). On the other end, January was the most stable month, with a tight range of 122.3972 IDR (High: 4724.0127 / Low: 4601.6155).

March Spread (Volatile) ±451.5161
January Spread (Stable) ±122.3972

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 338.3967 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -338.3967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 5819.8974) against the same month in 2021 (average: 4625.2049), the exchange rate shifted by +1194.6926 (+25.83%).

2022 Avg (December) 5819.8974
2021 Avg (December) 4625.2049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4724.0127 4601.6155 4656.4837
February 4900.6154 4521.8454 4786.9272
March 4620.9501 4169.4340 4448.5305
April 4770.1478 4635.0000 4706.0762
May 5147.8873 4746.7105 4915.1592
June 5134.9481 4843.7604 5002.7327
July 5374.3219 5080.4827 5122.0916
August 5515.1292 5132.8152 5354.5661
September 5417.2389 5019.6667 5275.2251
October 5664.0093 5390.3614 5556.7160
November 5862.4953 5699.6000 5752.5521
December 5893.9850 5678.5582 5819.8974