2022 GEL to PGK Historical Review

YEARLY HIGH

1.3513 PGK

YEARLY LOW

1.0240 PGK

YEARLY AVERAGE

1.2136 PGK

2022 GEL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.3513. Conversely, the yearly low was recorded on March 8, dropping to 1.0240.

This high-to-low spread represents a total annual volatility of 0.3273 PGK. From a start-to-finish perspective, comparing the January average rate of 1.1447 to the December average rate of 1.3181, the exchange rate registered a net change of 15.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.3513 was up 17.26% compared to the 2021 peak of 1.1524, 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 6,756 PGK

2021 Average 5,492 PGK

Yearly Trough Low 5,120 PGK

Transaction Impact: A difference of 1,636.66 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.3408

1.0690

JanuMarcMayJulySeptNove

GEL to PGK 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 1.1596, compared to 1.2675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1079 points.

H1 Avg (Jan–Jun) 1.1596

H2 Avg (Jul–Dec) 1.2675

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1098 PGK (High: 1.1337 / Low: 1.0240). On the other end, January was the most stable month, with a tight range of 0.0283 PGK (High: 1.1597 / Low: 1.1314).

March Spread (Volatile) ±0.1098

January Spread (Stable) ±0.0283

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 0.0821 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0821

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.3181) against the same month in 2021 (average: 1.1397), the exchange rate shifted by +0.1784 (+15.65%).

2022 Avg (December) 1.3181

2021 Avg (December) 1.1397

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1597	1.1314	1.1447
February	1.2136	1.1088	1.1738
March	1.1337	1.0240	1.0917
April	1.1655	1.1339	1.1509
May	1.2427	1.1527	1.1887
June	1.2331	1.1810	1.2079
July	1.2743	1.1981	1.2137
August	1.3069	1.2151	1.2722
September	1.2666	1.1739	1.2389
October	1.2813	1.2460	1.2683
November	1.3122	1.2734	1.2939
December	1.3513	1.2994	1.3181