2022 GEL to MMK Historical Review

YEARLY HIGH

795.1282 MMK

YEARLY LOW

515.3147 MMK

YEARLY AVERAGE

665.5981 MMK

2022 GEL to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 795.1282. Conversely, the yearly low was recorded on March 8, dropping to 515.3147.

This high-to-low spread represents a total annual volatility of 279.8135 MMK. From a start-to-finish perspective, comparing the January average rate of 577.5338 to the December average rate of 785.1711, the exchange rate registered a net change of 35.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 795.1282 was up 26.60% compared to the 2021 peak of 628.0634, 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 3,975,641 MMK

2021 Average 2,518,083 MMK

Yearly Trough Low 2,576,574 MMK

Transaction Impact: A difference of 1,399,067.43 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

808.5530

527.9708

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 596.1002, compared to 735.0959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 138.9956 points.

H1 Avg (Jan–Jun) 596.1002

H2 Avg (Jul–Dec) 735.0959

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 100.0488 MMK (High: 776.5523 / Low: 676.5035). On the other end, January was the most stable month, with a tight range of 12.3404 MMK (High: 583.9929 / Low: 571.6525).

August Spread (Volatile) ±100.0488

January Spread (Stable) ±12.3404

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 41.4990 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -41.4990

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 785.1711) against the same month in 2021 (average: 574.8966), the exchange rate shifted by +210.2745 (+36.58%).

2022 Avg (December) 785.1711

2021 Avg (December) 574.8966

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	583.9929	571.6525	577.5338
February	609.2755	556.8025	592.8516
March	572.6600	515.3147	551.3526
April	612.4265	573.5020	600.5042
May	652.2300	607.2830	624.1201
June	640.6716	616.0347	630.2392
July	669.7847	626.8185	633.4076
August	776.5523	676.5035	726.7856
September	748.0572	700.5394	738.4969
October	763.9741	743.6908	755.6970
November	782.4916	758.8756	771.0169
December	795.1282	776.0688	785.1711