YEARLY HIGH
0.5209 SGD
YEARLY LOW
0.3963 SGD
YEARLY AVERAGE
0.4745 SGD

2022 GEL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.5209. Conversely, the yearly low was recorded on March 8, dropping to 0.3963.

This high-to-low spread represents a total annual volatility of 0.1246 SGD. From a start-to-finish perspective, comparing the January average rate of 0.4388 to the December average rate of 0.5054, the exchange rate registered a net change of 15.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5209 was up 17.41% compared to the 2021 peak of 0.4436, 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 2,604 SGD
2021 Average 2,092 SGD
Yearly Trough Low 1,982 SGD
Transaction Impact: A difference of 622.77 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5216
0.4122
JanuMarcMayJulySeptNove

GEL to SGD 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 0.4488, compared to 0.5002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0514 points.

H1 Avg (Jan–Jun) 0.4488
H2 Avg (Jul–Dec) 0.5002

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0400 SGD (High: 0.4363 / Low: 0.3963). On the other end, January was the most stable month, with a tight range of 0.0097 SGD (High: 0.4453 / Low: 0.4356).

March Spread (Volatile) ±0.0400
January Spread (Stable) ±0.0097

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 0.0280 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.5090) against the same month in 2021 (average: 0.4329), the exchange rate shifted by +0.0761 (+17.59%).

2022 Avg (November) 0.5090
2021 Avg (November) 0.4329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4453 0.4356 0.4388
February 0.4599 0.4270 0.4493
March 0.4363 0.3963 0.4213
April 0.4546 0.4384 0.4465
May 0.4833 0.4521 0.4657
June 0.4795 0.4576 0.4711
July 0.4989 0.4715 0.4771
August 0.5099 0.4820 0.4998
September 0.5085 0.4729 0.4971
October 0.5183 0.5064 0.5125
November 0.5209 0.5016 0.5090
December 0.5128 0.4965 0.5054