2021 GEL to QAR Historical Review

YEARLY HIGH

1.2043 QAR

YEARLY LOW

1.0519 QAR

YEARLY AVERAGE

1.1342 QAR

2021 GEL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 1.2043. Conversely, the yearly low was recorded on April 24, dropping to 1.0519.

This high-to-low spread represents a total annual volatility of 0.1524 QAR. From a start-to-finish perspective, comparing the January average rate of 1.1028 to the December average rate of 1.1757, the exchange rate registered a net change of 6.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2043 was down 8.04% compared to the 2020 peak of 1.3096, 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 6,022 QAR

2020 Average 5,863 QAR

Yearly Trough Low 5,259 QAR

Transaction Impact: A difference of 762.21 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1918

1.0479

JanuMarcMayJulySeptNove

GEL to QAR 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 1.0980, compared to 1.1703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0724 points.

H1 Avg (Jan–Jun) 1.0980

H2 Avg (Jul–Dec) 1.1703

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0679 QAR (High: 1.1202 / Low: 1.0523). On the other end, February was the most stable month, with a tight range of 0.0136 QAR (High: 1.1056 / Low: 1.0919).

May Spread (Volatile) ±0.0679

February Spread (Stable) ±0.0136

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 0.0317 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 1.1798) against the same month in 2020 (average: 1.1782), the exchange rate shifted by +0.0016 (+0.14%).

2021 Avg (August) 1.1798

2020 Avg (August) 1.1782

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1155	1.0983	1.1028
February	1.1056	1.0919	1.0987
March	1.0982	1.0677	1.0916
April	1.0703	1.0519	1.0599
May	1.1202	1.0523	1.0799
June	1.1726	1.1169	1.1549
July	1.1841	1.1504	1.1682
August	1.2043	1.1670	1.1798
September	1.1885	1.1643	1.1747
October	1.1729	1.1559	1.1624
November	1.1781	1.1504	1.1613
December	1.1860	1.1651	1.1757