2021 GEL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 50.4336. Conversely, the yearly low was recorded on April 1, dropping to 42.6129.
This high-to-low spread represents a total annual volatility of 7.8207 JMD. From a start-to-finish perspective, comparing the January average rate of 43.6521 to the December average rate of 49.8490, the exchange rate registered a net change of 14.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 50.4336 was up 1.24% compared to the 2020 peak of 49.8163, 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 2021.
GEL to JMD 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 44.7811, compared to 49.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2300 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 3.3022 JMD (High: 50.4336 / Low: 47.1314). On the other end, December was the most stable month, with a tight range of 0.6681 JMD (High: 50.2679 / Low: 49.5998).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.5641 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2021: 48.9667) against the same month in 2020 (average: 46.5872), the exchange rate shifted by +2.3795 (+5.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.3639 | 42.8866 | 43.6521 |
| February | 45.6174 | 44.3234 | 45.1981 |
| March | 45.4412 | 42.6499 | 44.1888 |
| April | 44.5631 | 42.6129 | 43.5357 |
| May | 45.7998 | 44.0307 | 44.6838 |
| June | 47.8441 | 45.5579 | 47.4279 |
| July | 50.4336 | 47.1314 | 48.9667 |
| August | 50.4221 | 48.6209 | 49.6350 |
| September | 48.8063 | 47.3831 | 48.0709 |
| October | 49.0272 | 46.9843 | 47.9742 |
| November | 50.3201 | 48.8361 | 49.5703 |
| December | 50.2679 | 49.5998 | 49.8490 |