2022 GEL to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 574.0744. Conversely, the yearly low was recorded on March 8, dropping to 440.2390.
This high-to-low spread represents a total annual volatility of 133.8354 LBP. From a start-to-finish perspective, comparing the January average rate of 491.1257 to the December average rate of 567.5977, the exchange rate registered a net change of 15.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 574.0744 was up 15.74% compared to the 2021 peak of 495.9929, 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 LBP 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 498.1842, compared to 544.8438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.6596 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 49.6473 LBP (High: 489.8862 / Low: 440.2390). On the other end, January was the most stable month, with a tight range of 12.7833 LBP (High: 499.5846 / Low: 486.8013).
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 35.5702 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 567.5977) against the same month in 2021 (average: 490.4854), the exchange rate shifted by +77.1123 (+15.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 499.5846 | 486.8013 | 491.1257 |
| February | 518.8275 | 473.4662 | 504.9165 |
| March | 489.8862 | 440.2390 | 469.3463 |
| April | 501.8451 | 487.8229 | 495.7666 |
| May | 534.9492 | 497.0338 | 511.9060 |
| June | 524.9135 | 504.5454 | 516.0439 |
| July | 547.5364 | 511.8975 | 517.2684 |
| August | 562.3192 | 523.5383 | 547.9704 |
| September | 543.8325 | 505.3537 | 531.9471 |
| October | 552.0833 | 536.9712 | 546.7906 |
| November | 571.0198 | 546.3797 | 557.4884 |
| December | 574.0744 | 560.3772 | 567.5977 |