2022 GEL to NPR Historical Review

YEARLY HIGH

50.1622 NPR

YEARLY LOW

35.6198 NPR

YEARLY AVERAGE

43.3154 NPR

2022 GEL to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 50.1622. Conversely, the yearly low was recorded on March 8, dropping to 35.6198.

This high-to-low spread represents a total annual volatility of 14.5424 NPR. From a start-to-finish perspective, comparing the January average rate of 38.6831 to the December average rate of 49.3149, the exchange rate registered a net change of 27.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 50.1622 was up 27.11% compared to the 2021 peak of 39.4625, 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 250,811 NPR

2021 Average 184,000 NPR

Yearly Trough Low 178,099 NPR

Transaction Impact: A difference of 72,711.95 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

50.4664

36.6475

JanuMarcMayJulySeptNove

GEL to NPR 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 40.0781, compared to 46.5527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4746 points.

H1 Avg (Jan–Jun) 40.0781

H2 Avg (Jul–Dec) 46.5527

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 3.7341 NPR (High: 46.3922 / Low: 42.6581). On the other end, January was the most stable month, with a tight range of 1.1723 NPR (High: 39.3977 / Low: 38.2255).

September Spread (Volatile) ±3.7341

January Spread (Stable) ±1.1723

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 2.1793 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.1793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 49.3149) against the same month in 2021 (average: 38.9175), the exchange rate shifted by +10.3973 (+26.72%).

2022 Avg (December) 49.3149

2021 Avg (December) 38.9175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.3977	38.2255	38.6831
February	41.2598	37.7146	39.9784
March	39.1273	35.6198	37.7991
April	40.4443	38.8640	39.8630
May	43.7116	40.1472	41.6528
June	43.2134	41.2715	42.4925
July	46.1797	42.9252	43.5122
August	47.1320	43.8568	45.9635
September	46.3922	42.6581	45.1013
October	48.0561	46.1481	47.4114
November	48.7530	47.3385	48.0129
December	50.1622	48.0458	49.3149