2021 GEL to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 190.8795. Conversely, the yearly low was recorded on May 8, dropping to 166.8912.
This high-to-low spread represents a total annual volatility of 23.9883 SOS. From a start-to-finish perspective, comparing the January average rate of 175.9120 to the December average rate of 187.7941, the exchange rate registered a net change of 6.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 190.8795 was down 9.37% compared to the 2020 peak of 210.6115, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
GEL to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 175.2901, compared to 186.4126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.1225 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 12.5567 SOS (High: 179.4479 / Low: 166.8912). On the other end, September was the most stable month, with a tight range of 2.3946 SOS (High: 188.2448 / Low: 185.8502).
Growth Streaks & Declines
TrendsBetween April and September, 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 March and April, when the average rate fell by 5.3399 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 187.7941) against the same month in 2020 (average: 176.3644), the exchange rate shifted by +11.4296 (+6.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 177.2727 | 174.8747 | 175.9120 |
| February | 177.5417 | 173.4600 | 175.3496 |
| March | 175.9398 | 170.2896 | 174.4046 |
| April | 171.0949 | 167.1253 | 169.0647 |
| May | 179.4479 | 166.8912 | 172.4622 |
| June | 188.4058 | 178.2508 | 184.5478 |
| July | 189.6272 | 182.7746 | 185.9362 |
| August | 189.3609 | 185.4181 | 186.8308 |
| September | 188.2448 | 185.8502 | 186.8541 |
| October | 188.1029 | 183.6426 | 185.6699 |
| November | 187.7814 | 183.5846 | 185.3906 |
| December | 190.8795 | 185.6088 | 187.7941 |