YEARLY HIGH
55.8358 LRD
YEARLY LOW
45.4560 LRD
YEARLY AVERAGE
51.6984 LRD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 279,179 LRD
2020 Average 309,201 LRD
Yearly Trough Low 227,280 LRD
Transaction Impact: A difference of 51,898.84 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

56.3075
45.1079
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 51.7674
H2 Avg (Jul–Dec) 51.6293

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±6.9284
September Spread (Stable) ±0.4016

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.8465

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (August) 55.3742
2020 Avg (August) 64.4795

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