2021 GEL to MMK Historical Review

YEARLY HIGH

628.0634 MMK

YEARLY LOW

397.7552 MMK

YEARLY AVERAGE

503.1409 MMK

2021 GEL to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 628.0634. Conversely, the yearly low was recorded on January 6, dropping to 397.7552.

This high-to-low spread represents a total annual volatility of 230.3082 MMK. From a start-to-finish perspective, comparing the January average rate of 402.8516 to the December average rate of 574.8966, the exchange rate registered a net change of 42.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 628.0634 was up 20.45% compared to the 2020 peak of 521.4174, 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 3,140,317 MMK

2020 Average 2,218,848 MMK

Yearly Trough Low 1,988,776 MMK

Transaction Impact: A difference of 1,151,541.16 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

622.7051

382.8650

JanuMarcMayJulySeptNove

GEL to MMK 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 443.8376, compared to 562.4442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 118.6066 points.

H1 Avg (Jan–Jun) 443.8376

H2 Avg (Jul–Dec) 562.4442

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 72.8892 MMK (High: 601.8524 / Low: 528.9633). On the other end, August was the most stable month, with a tight range of 7.8697 MMK (High: 535.4005 / Low: 527.5308).

September Spread (Volatile) ±72.8892

August Spread (Stable) ±7.8697

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 32.4683 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -32.4683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 602.7184) against the same month in 2020 (average: 400.6743), the exchange rate shifted by +202.0442 (+50.43%).

2021 Avg (October) 602.7184

2020 Avg (October) 400.6743

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	406.8502	397.7552	402.8516
February	428.1422	400.9222	422.8170
March	424.7203	413.4779	422.5373
April	451.4999	408.1135	418.9376
May	505.1756	450.0054	473.9234
June	529.9142	504.9315	521.9587
July	535.2955	520.0508	527.1919
August	535.4005	527.5308	530.8473
September	601.8524	528.9633	568.7611
October	628.0634	569.7952	602.7184
November	580.9136	563.4625	570.2501
December	580.9985	571.7966	574.8966