2022 GEL to IQD Historical Review

YEARLY HIGH

552.3619 IQD

YEARLY LOW

423.2447 IQD

YEARLY AVERAGE

502.2501 IQD

2022 GEL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 552.3619. Conversely, the yearly low was recorded on March 8, dropping to 423.2447.

This high-to-low spread represents a total annual volatility of 129.1172 IQD. From a start-to-finish perspective, comparing the January average rate of 474.1098 to the December average rate of 545.8310, the exchange rate registered a net change of 15.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 552.3619 was up 16.10% compared to the 2021 peak of 475.7601, 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 2,761,809 IQD

2021 Average 2,272,516 IQD

Yearly Trough Low 2,116,223 IQD

Transaction Impact: A difference of 645,585.98 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

555.1326

443.5133

JanuMarcMayJulySeptNove

GEL to IQD 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 480.0103, compared to 524.4899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.4796 points.

H1 Avg (Jan–Jun) 480.0103

H2 Avg (Jul–Dec) 524.4899

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 46.8674 IQD (High: 470.1121 / Low: 423.2447). On the other end, January was the most stable month, with a tight range of 9.8857 IQD (High: 479.6388 / Low: 469.7531).

March Spread (Volatile) ±46.8674

January Spread (Stable) ±9.8857

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 33.8539 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -33.8539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 545.8310) against the same month in 2021 (average: 471.4666), the exchange rate shifted by +74.3644 (+15.77%).

2022 Avg (December) 545.8310

2021 Avg (December) 471.4666

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	479.6388	469.7531	474.1098
February	500.1188	457.1790	486.6689
March	470.1121	423.2447	452.8149
April	482.7636	470.7449	477.5458
May	514.1337	479.4745	492.0072
June	505.2903	485.7546	496.9151
July	528.2129	494.1108	499.0451
August	541.3505	503.8673	527.3178
September	519.9063	486.9265	513.1915
October	530.9495	516.8142	525.4005
November	543.8778	527.4234	536.1535
December	552.3619	539.5203	545.8310