2022 GEL to MNT Historical Review

YEARLY HIGH

1285.6473 MNT

YEARLY LOW

833.7084 MNT

YEARLY AVERAGE

1077.7165 MNT

2022 GEL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1285.6473. Conversely, the yearly low was recorded on March 8, dropping to 833.7084.

This high-to-low spread represents a total annual volatility of 451.9388 MNT. From a start-to-finish perspective, comparing the January average rate of 929.2828 to the December average rate of 1273.4766, the exchange rate registered a net change of 37.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1285.6473 was up 37.91% compared to the 2021 peak of 932.2597, 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 6,428,236 MNT

2021 Average 4,438,088 MNT

Yearly Trough Low 4,168,542 MNT

Transaction Impact: A difference of 2,259,694.14 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1311.4142

856.1636

JanuMarcMayJulySeptNove

GEL to MNT 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 975.1657, compared to 1180.2672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 205.1015 points.

H1 Avg (Jan–Jun) 975.1657

H2 Avg (Jul–Dec) 1180.2672

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 99.5448 MNT (High: 933.2533 / Low: 833.7084). On the other end, January was the most stable month, with a tight range of 15.1224 MNT (High: 939.4107 / Low: 924.2883).

March Spread (Volatile) ±99.5448

January Spread (Stable) ±15.1224

Growth Streaks & Declines

Trends

Between 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 61.0311 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -61.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1273.4766) against the same month in 2021 (average: 923.0442), the exchange rate shifted by +350.4325 (+37.96%).

2022 Avg (December) 1273.4766

2021 Avg (December) 923.0442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	939.4107	924.2883	929.2828
February	978.9592	903.9765	955.1322
March	933.2533	833.7084	894.1011
April	994.7893	934.7585	973.8693
May	1093.9949	998.7033	1038.0738
June	1082.1934	1033.3961	1060.5350
July	1138.7920	1063.5615	1075.1448
August	1181.2794	1107.5806	1149.5853
September	1158.2110	1079.8070	1134.7081
October	1222.5832	1158.2110	1199.1282
November	1268.8884	1229.2518	1249.5601
December	1285.6473	1259.5066	1273.4766