2022 GEL to QAR Historical Review

YEARLY HIGH

1.3821 QAR

YEARLY LOW

1.0569 QAR

YEARLY AVERAGE

1.2537 QAR

2022 GEL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 1.3821. Conversely, the yearly low was recorded on March 8, dropping to 1.0569.

This high-to-low spread represents a total annual volatility of 0.3252 QAR. From a start-to-finish perspective, comparing the January average rate of 1.1829 to the December average rate of 1.3628, the exchange rate registered a net change of 15.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.3821 was up 14.76% compared to the 2021 peak of 1.2043, 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 6,911 QAR

2021 Average 5,672 QAR

Yearly Trough Low 5,284 QAR

Transaction Impact: A difference of 1,626.19 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.3861

1.1056

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 1.1974, compared to 1.3100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1126 points.

H1 Avg (Jan–Jun) 1.1974

H2 Avg (Jul–Dec) 1.3100

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1157 QAR (High: 1.1726 / Low: 1.0569). On the other end, January was the most stable month, with a tight range of 0.0205 QAR (High: 1.1957 / Low: 1.1753).

March Spread (Volatile) ±0.1157

January Spread (Stable) ±0.0205

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 0.0853 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.3628) against the same month in 2021 (average: 1.1757), the exchange rate shifted by +0.1871 (+15.91%).

2022 Avg (December) 1.3628

2021 Avg (December) 1.1757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1957	1.1753	1.1829
February	1.2448	1.1483	1.2143
March	1.1726	1.0569	1.1290
April	1.2017	1.1745	1.1904
May	1.2820	1.1957	1.2274
June	1.2606	1.2116	1.2404
July	1.3185	1.2371	1.2511
August	1.3485	1.2577	1.3147
September	1.2934	1.2137	1.2812
October	1.3241	1.2888	1.3114
November	1.3573	1.3240	1.3388
December	1.3821	1.3460	1.3628