2021 GEL to SAR Historical Review

YEARLY HIGH

1.2234 SAR

YEARLY LOW

1.0839 SAR

YEARLY AVERAGE

1.1673 SAR

2021 GEL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 1.2234. Conversely, the yearly low was recorded on May 2, dropping to 1.0839.

This high-to-low spread represents a total annual volatility of 0.1395 SAR. From a start-to-finish perspective, comparing the January average rate of 1.1357 to the December average rate of 1.2118, the exchange rate registered a net change of 6.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2234 was down 9.37% compared to the 2020 peak of 1.3498, 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 6,117 SAR

2020 Average 6,043 SAR

Yearly Trough Low 5,419 SAR

Transaction Impact: A difference of 697.74 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2237

1.0799

JanuMarcMayJulySeptNove

GEL to SAR 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 1.1308, compared to 1.2039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0730 points.

H1 Avg (Jan–Jun) 1.1308

H2 Avg (Jul–Dec) 1.2039

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0666 SAR (High: 1.1505 / Low: 1.0839). On the other end, September was the most stable month, with a tight range of 0.0049 SAR (High: 1.2099 / Low: 1.2050).

May Spread (Volatile) ±0.0666

September Spread (Stable) ±0.0049

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 0.0323 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.2118) against the same month in 2020 (average: 1.1389), the exchange rate shifted by +0.0729 (+6.40%).

2021 Avg (December) 1.2118

2020 Avg (December) 1.1389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1437	1.1315	1.1357
February	1.1384	1.1249	1.1318
March	1.1300	1.0998	1.1242
April	1.1024	1.0840	1.0919
May	1.1505	1.0839	1.1121
June	1.2078	1.1504	1.1891
July	1.2197	1.1850	1.2017
August	1.2201	1.2022	1.2095
September	1.2099	1.2050	1.2069
October	1.2060	1.1907	1.1971
November	1.2121	1.1851	1.1961
December	1.2234	1.2004	1.2118