2022 GEL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 58.1202. Conversely, the yearly low was recorded on March 8, dropping to 44.6224.
This high-to-low spread represents a total annual volatility of 13.4978 JMD. From a start-to-finish perspective, comparing the January average rate of 50.3449 to the December average rate of 57.2878, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 58.1202 was up 15.24% compared to the 2021 peak of 50.4336, 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 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 50.7784, compared to 54.7958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0173 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was February, with a trading range of 5.2754 JMD (High: 53.8600 / Low: 48.5846). On the other end, January was the most stable month, with a tight range of 1.6953 JMD (High: 51.3485 / Low: 49.6533).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.5420 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 57.2878) against the same month in 2021 (average: 49.8490), the exchange rate shifted by +7.4388 (+14.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.3485 | 49.6533 | 50.3449 |
| February | 53.8600 | 48.5846 | 52.1437 |
| March | 49.4418 | 44.6224 | 47.6017 |
| April | 51.2102 | 49.4447 | 50.5231 |
| May | 54.4669 | 50.6556 | 52.1250 |
| June | 52.9929 | 51.1926 | 51.9323 |
| July | 55.5119 | 51.0445 | 51.8928 |
| August | 56.5639 | 52.0219 | 54.8059 |
| September | 54.1270 | 50.6815 | 53.3036 |
| October | 55.5575 | 53.8573 | 54.9999 |
| November | 57.3473 | 55.6020 | 56.4846 |
| December | 58.1202 | 56.1896 | 57.2878 |