2022 GEL to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |