2021 GEL to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 11.5443. Conversely, the yearly low was recorded on April 21, dropping to 10.1013.
This high-to-low spread represents a total annual volatility of 1.4430 NIO. From a start-to-finish perspective, comparing the January average rate of 10.5817 to the December average rate of 11.4083, the exchange rate registered a net change of 7.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 11.5443 was down 6.11% compared to the 2020 peak of 12.2950, 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 2021.
GEL to NIO 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 10.5565, compared to 11.2889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7324 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 0.7091 NIO (High: 10.8436 / Low: 10.1344). On the other end, September was the most stable month, with a tight range of 0.0562 NIO (High: 11.3366 / Low: 11.2804).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3090 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 11.4083) against the same month in 2020 (average: 10.5826), the exchange rate shifted by +0.8257 (+7.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.6767 | 10.5363 | 10.5817 |
| February | 10.6373 | 10.4174 | 10.5441 |
| March | 10.5654 | 10.2578 | 10.4935 |
| April | 10.2572 | 10.1013 | 10.1845 |
| May | 10.8436 | 10.1344 | 10.4064 |
| June | 11.3688 | 10.7596 | 11.1292 |
| July | 11.4425 | 11.0353 | 11.2243 |
| August | 11.4230 | 11.2528 | 11.3274 |
| September | 11.3366 | 11.2804 | 11.3074 |
| October | 11.3344 | 11.1732 | 11.2331 |
| November | 11.3829 | 11.1282 | 11.2330 |
| December | 11.5443 | 11.2706 | 11.4083 |