2022 GEL to SAR Historical Review

YEARLY HIGH

1.4194 SAR

YEARLY LOW

1.0891 SAR

YEARLY AVERAGE

1.2920 SAR

2022 GEL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.4194. Conversely, the yearly low was recorded on March 8, dropping to 1.0891.

This high-to-low spread represents a total annual volatility of 0.3303 SAR. From a start-to-finish perspective, comparing the January average rate of 1.2192 to the December average rate of 1.4055, the exchange rate registered a net change of 15.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.4194 was up 16.02% compared to the 2021 peak of 1.2234, 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 7,097 SAR

2021 Average 5,838 SAR

Yearly Trough Low 5,446 SAR

Transaction Impact: A difference of 1,651.50 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.4297

1.1390

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 1.2334, compared to 1.3506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1173 points.

H1 Avg (Jan–Jun) 1.2334

H2 Avg (Jul–Dec) 1.3506

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1191 SAR (High: 1.2083 / Low: 1.0891). On the other end, January was the most stable month, with a tight range of 0.0194 SAR (High: 1.2322 / Low: 1.2128).

March Spread (Volatile) ±0.1191

January Spread (Stable) ±0.0194

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 0.0878 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.4055) against the same month in 2021 (average: 1.2118), the exchange rate shifted by +0.1937 (+15.98%).

2022 Avg (December) 1.4055

2021 Avg (December) 1.2118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2322	1.2128	1.2192
February	1.2825	1.1834	1.2511
March	1.2083	1.0891	1.1632
April	1.2379	1.2101	1.2261
May	1.3209	1.2319	1.2642
June	1.2983	1.2479	1.2763
July	1.3585	1.2762	1.2849
August	1.3912	1.2973	1.3562
September	1.3346	1.2540	1.3227
October	1.3665	1.3298	1.3530
November	1.3997	1.3667	1.3816
December	1.4194	1.3896	1.4055