2021 GEL to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 55.8358. Conversely, the yearly low was recorded on December 1, dropping to 45.4560.
This high-to-low spread represents a total annual volatility of 10.3798 LRD. From a start-to-finish perspective, comparing the January average rate of 50.9477 to the December average rate of 46.0412, the exchange rate registered a net change of -9.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 55.8358 was down 21.41% compared to the 2020 peak of 71.0432, 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 LRD 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 51.7674, compared to 51.6293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1381 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 6.9284 LRD (High: 54.9839 / Low: 48.0556). On the other end, September was the most stable month, with a tight range of 0.4016 LRD (High: 55.3855 / Low: 54.9839).
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 October and November, when the average rate fell by 5.8465 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2021: 55.3742) against the same month in 2020 (average: 64.4795), the exchange rate shifted by -9.1053 (-14.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.7398 | 49.9696 | 50.9477 |
| February | 52.3369 | 51.6616 | 52.0729 |
| March | 52.3795 | 50.8064 | 52.0269 |
| April | 50.8465 | 49.7254 | 50.2593 |
| May | 52.6534 | 49.7254 | 50.9472 |
| June | 55.1852 | 52.5767 | 54.3505 |
| July | 55.8262 | 54.1785 | 54.9718 |
| August | 55.8358 | 55.0801 | 55.3742 |
| September | 55.3855 | 54.9839 | 55.1865 |
| October | 54.9839 | 48.0556 | 52.0245 |
| November | 47.4328 | 45.5288 | 46.1779 |
| December | 46.8901 | 45.4560 | 46.0412 |