2021 GEL to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 6903.5301. Conversely, the yearly low was recorded on May 2, dropping to 5993.6616.
This high-to-low spread represents a total annual volatility of 909.8686 STD. From a start-to-finish perspective, comparing the January average rate of 6193.3783 to the December average rate of 6850.5935, the exchange rate registered a net change of 10.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 6903.5301 was down 12.98% compared to the 2020 peak of 7933.6091, 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 STD 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 6199.7061, compared to 6700.9212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 501.2151 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 367.3483 STD (High: 6361.0099 / Low: 5993.6616). On the other end, January was the most stable month, with a tight range of 42.1100 STD (High: 6215.9794 / Low: 6173.8694).
Growth Streaks & Declines
TrendsBetween 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 120.8568 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 6850.5935) against the same month in 2020 (average: 6275.9011), the exchange rate shifted by +574.6924 (+9.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6215.9794 | 6173.8694 | 6193.3783 |
| February | 6211.3436 | 6099.7091 | 6149.6261 |
| March | 6203.6397 | 6107.3474 | 6160.2145 |
| April | 6093.5240 | 5993.6616 | 6039.3577 |
| May | 6361.0099 | 5993.6616 | 6149.3979 |
| June | 6678.5482 | 6361.0099 | 6506.2618 |
| July | 6731.9990 | 6482.8114 | 6602.6854 |
| August | 6733.1509 | 6662.3094 | 6687.5061 |
| September | 6762.4246 | 6655.3024 | 6671.9709 |
| October | 6762.4246 | 6627.5367 | 6683.8377 |
| November | 6845.8612 | 6621.3082 | 6708.9334 |
| December | 6903.5301 | 6780.1410 | 6850.5935 |