2022 GEL to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 24.1132. Conversely, the yearly low was recorded on March 8, dropping to 18.5318.
This high-to-low spread represents a total annual volatility of 5.5814 MZN. From a start-to-finish perspective, comparing the January average rate of 20.7426 to the December average rate of 23.8787, the exchange rate registered a net change of 15.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 24.1132 was up 5.59% compared to the 2021 peak of 22.8376, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GEL to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 20.9914, compared to 22.9566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9652 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 2.0318 MZN (High: 20.5636 / Low: 18.5318). On the other end, January was the most stable month, with a tight range of 0.3387 MZN (High: 20.9662 / Low: 20.6275).
Growth Streaks & Declines
TrendsBetween 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 1.4935 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 23.8787) against the same month in 2021 (average: 20.6224), the exchange rate shifted by +3.2563 (+15.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.9662 | 20.6275 | 20.7426 |
| February | 21.8338 | 20.1356 | 21.2881 |
| March | 20.5636 | 18.5318 | 19.7947 |
| April | 21.0726 | 20.6048 | 20.8718 |
| May | 22.4824 | 20.9688 | 21.5189 |
| June | 22.1107 | 21.2562 | 21.7326 |
| July | 23.1013 | 21.7085 | 21.8499 |
| August | 23.6667 | 22.0553 | 23.0584 |
| September | 22.6821 | 21.3000 | 22.4786 |
| October | 23.2364 | 22.6195 | 22.9974 |
| November | 23.7989 | 23.2364 | 23.4769 |
| December | 24.1132 | 23.6044 | 23.8787 |