YEARLY HIGH
3.1084 SBD
YEARLY LOW
2.3372 SBD
YEARLY AVERAGE
2.8011 SBD

2022 GEL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 3.1084. Conversely, the yearly low was recorded on March 8, dropping to 2.3372.

This high-to-low spread represents a total annual volatility of 0.7713 SBD. From a start-to-finish perspective, comparing the January average rate of 2.6236 to the December average rate of 3.0745, the exchange rate registered a net change of 17.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.1084 was up 17.85% compared to the 2021 peak of 2.6375, 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 15,542 SBD
2021 Average 12,488 SBD
Yearly Trough Low 11,686 SBD
Transaction Impact: A difference of 3,856.27 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.1324
2.4367
JanuMarcMayJulySeptNove

GEL to SBD 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 2.6553, compared to 2.9469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2916 points.

H1 Avg (Jan–Jun) 2.6553
H2 Avg (Jul–Dec) 2.9469

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2465 SBD (High: 2.5837 / Low: 2.3372). On the other end, January was the most stable month, with a tight range of 0.0526 SBD (High: 2.6635 / Low: 2.6109).

March Spread (Volatile) ±0.2465
January Spread (Stable) ±0.0526

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 0.2025 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 3.0745) against the same month in 2021 (average: 2.6118), the exchange rate shifted by +0.4627 (+17.72%).

2022 Avg (December) 3.0745
2021 Avg (December) 2.6118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6635 2.6109 2.6236
February 2.7694 2.5492 2.6972
March 2.5837 2.3372 2.4947
April 2.6445 2.5848 2.6197
May 2.8604 2.6389 2.7316
June 2.8143 2.7012 2.7651
July 2.9647 2.7701 2.7904
August 3.0534 2.8477 2.9728
September 2.9079 2.7089 2.8794
October 2.9675 2.8850 2.9403
November 3.0654 2.9832 3.0241
December 3.1084 3.0390 3.0745