2022 GEL to MWK Historical Review

YEARLY HIGH

388.6310 MWK

YEARLY LOW

233.6586 MWK

YEARLY AVERAGE

322.5332 MWK

2022 GEL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 388.6310. Conversely, the yearly low was recorded on March 8, dropping to 233.6586.

This high-to-low spread represents a total annual volatility of 154.9724 MWK. From a start-to-finish perspective, comparing the January average rate of 265.1394 to the December average rate of 383.1593, the exchange rate registered a net change of 44.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 388.6310 was up 46.00% compared to the 2021 peak of 266.1795, 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 1,943,155 MWK

2021 Average 1,245,178 MWK

Yearly Trough Low 1,168,293 MWK

Transaction Impact: A difference of 774,861.93 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

396.3191

238.4014

JanuMarcMayJulySeptNove

GEL to MWK 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 276.8069, compared to 368.2596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 91.4527 points.

H1 Avg (Jan–Jun) 276.8069

H2 Avg (Jul–Dec) 368.2596

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 81.8115 MWK (High: 353.4421 / Low: 271.6306). On the other end, January was the most stable month, with a tight range of 5.5821 MWK (High: 268.3973 / Low: 262.8152).

June Spread (Volatile) ±81.8115

January Spread (Stable) ±5.5821

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 17.2278 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -17.2278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 383.1593) against the same month in 2021 (average: 263.2094), the exchange rate shifted by +119.9499 (+45.57%).

2022 Avg (December) 383.1593

2021 Avg (December) 263.2094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	268.3973	262.8152	265.1394
February	278.0263	251.6512	268.7890
March	263.1765	233.6586	251.5612
April	270.1226	262.7336	266.3197
May	288.1930	267.1593	275.1992
June	353.4421	271.6306	333.8326
July	371.3102	347.4960	350.8307
August	380.7040	353.2871	369.9612
September	365.6331	341.6461	360.2784
October	373.0481	363.1858	368.7396
November	382.1105	370.9108	376.5881
December	388.6310	377.6760	383.1593