2021 GEL to NZD Historical Review

YEARLY HIGH

0.4821 NZD

YEARLY LOW

0.3981 NZD

YEARLY AVERAGE

0.4404 NZD

2021 GEL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.4821. Conversely, the yearly low was recorded on April 28, dropping to 0.3981.

This high-to-low spread represents a total annual volatility of 0.0840 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4214 to the December average rate of 0.4759, the exchange rate registered a net change of 12.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4821 was down 18.72% compared to the 2020 peak of 0.5932, 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 2,411 NZD

2020 Average 2,483 NZD

Yearly Trough Low 1,991 NZD

Transaction Impact: A difference of 420.08 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4826

0.4022

JanuMarcMayJulySeptNove

GEL to NZD 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 0.4207, compared to 0.4600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0393 points.

H1 Avg (Jan–Jun) 0.4207

H2 Avg (Jul–Dec) 0.4600

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0333 NZD (High: 0.4734 / Low: 0.4402). On the other end, December was the most stable month, with a tight range of 0.0125 NZD (High: 0.4821 / Low: 0.4696).

November Spread (Volatile) ±0.0333

December Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between 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 0.0114 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.4759) against the same month in 2020 (average: 0.4278), the exchange rate shifted by +0.0481 (+11.24%).

2021 Avg (December) 0.4759

2020 Avg (December) 0.4278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4299	0.4136	0.4214
February	0.4217	0.4041	0.4165
March	0.4296	0.4124	0.4203
April	0.4184	0.3981	0.4089
May	0.4236	0.3992	0.4104
June	0.4556	0.4230	0.4468
July	0.4690	0.4495	0.4585
August	0.4720	0.4557	0.4623
September	0.4679	0.4505	0.4559
October	0.4634	0.4413	0.4524
November	0.4734	0.4402	0.4552
December	0.4821	0.4696	0.4759