2022 GEL to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 31.2750. Conversely, the yearly low was recorded on March 8, dropping to 22.3265.
This high-to-low spread represents a total annual volatility of 8.9486 INR. From a start-to-finish perspective, comparing the January average rate of 24.1894 to the December average rate of 30.8173, the exchange rate registered a net change of 27.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 31.2750 was up 26.91% compared to the 2021 peak of 24.6429, 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 INR 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 25.0601, compared to 29.1001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0400 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 2.3341 INR (High: 27.3347 / Low: 25.0006). On the other end, January was the most stable month, with a tight range of 0.7238 INR (High: 24.6458 / Low: 23.9220).
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 1.3679 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 30.8173) against the same month in 2021 (average: 24.3495), the exchange rate shifted by +6.4678 (+26.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.6458 | 23.9220 | 24.1894 |
| February | 25.8168 | 23.6768 | 25.0041 |
| March | 24.4475 | 22.3265 | 23.6363 |
| April | 25.3029 | 24.3390 | 24.9087 |
| May | 27.3347 | 25.0006 | 26.0638 |
| June | 27.0364 | 25.8181 | 26.5584 |
| July | 28.7782 | 26.8509 | 27.2107 |
| August | 29.4868 | 27.5246 | 28.7272 |
| September | 28.8985 | 26.6836 | 28.2268 |
| October | 30.0171 | 28.8572 | 29.6388 |
| November | 30.4387 | 29.6986 | 29.9800 |
| December | 31.2750 | 30.0046 | 30.8173 |