2022 GEL to PEN Historical Review

YEARLY HIGH

1.4535 PEN

YEARLY LOW

1.0815 PEN

YEARLY AVERAGE

1.3195 PEN

2022 GEL to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 1.4535. Conversely, the yearly low was recorded on March 8, dropping to 1.0815.

This high-to-low spread represents a total annual volatility of 0.3720 PEN. From a start-to-finish perspective, comparing the January average rate of 1.2649 to the December average rate of 1.4300, the exchange rate registered a net change of 13.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.4535 was up 9.23% compared to the 2021 peak of 1.3307, 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 7,268 PEN

2021 Average 6,050 PEN

Yearly Trough Low 5,408 PEN

Transaction Impact: A difference of 1,860.14 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.4582

1.1324

JanuMarcMayJulySeptNove

GEL to PEN 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 1.2416, compared to 1.3974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1558 points.

H1 Avg (Jan–Jun) 1.2416

H2 Avg (Jul–Dec) 1.3974

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1324 PEN (High: 1.4528 / Low: 1.3204). On the other end, October was the most stable month, with a tight range of 0.0385 PEN (High: 1.4471 / Low: 1.4086).

August Spread (Volatile) ±0.1324

October Spread (Stable) ±0.0385

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 0.1047 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.4300) against the same month in 2021 (average: 1.3057), the exchange rate shifted by +0.1243 (+9.52%).

2022 Avg (December) 1.4300

2021 Avg (December) 1.3057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2894	1.2475	1.2649
February	1.3083	1.1885	1.2643
March	1.1987	1.0815	1.1596
April	1.2603	1.1801	1.2217
May	1.3008	1.2174	1.2648
June	1.2982	1.2361	1.2743
July	1.4195	1.3017	1.3331
August	1.4528	1.3204	1.3983
September	1.4094	1.3019	1.3679
October	1.4471	1.4086	1.4311
November	1.4507	1.4002	1.4240
December	1.4535	1.4083	1.4300