2021 GEL to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 769.6756. Conversely, the yearly low was recorded on May 1, dropping to 117.4549.
This high-to-low spread represents a total annual volatility of 652.2207 KMF. From a start-to-finish perspective, comparing the January average rate of 122.4807 to the December average rate of 161.0001, the exchange rate registered a net change of 31.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 769.6756 was down 87.60% compared to the 2020 peak of 6205.5434, 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 KMF 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 123.2073, compared to 139.4841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.2767 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 630.5011 KMF (High: 769.6756 / Low: 139.1746). On the other end, August was the most stable month, with a tight range of 1.5735 KMF (High: 135.3214 / Low: 133.7479).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.8340 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 161.0001) against the same month in 2020 (average: 319.0418), the exchange rate shifted by -158.0417 (-49.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 123.4394 | 120.8911 | 122.4807 |
| February | 124.1328 | 121.4845 | 122.7957 |
| March | 124.6997 | 122.6982 | 124.0480 |
| April | 123.0897 | 117.4549 | 120.2140 |
| May | 124.0414 | 117.4549 | 120.2420 |
| June | 131.7247 | 123.5122 | 129.4637 |
| July | 135.7630 | 131.3190 | 133.4469 |
| August | 135.3214 | 133.7479 | 134.5847 |
| September | 136.4149 | 134.0031 | 134.9428 |
| October | 136.5435 | 133.7779 | 135.4236 |
| November | 141.4951 | 134.3761 | 137.5064 |
| December | 769.6756 | 139.1746 | 161.0001 |