YEARLY HIGH
948.1245 SYP
YEARLY LOW
729.1727 SYP
YEARLY AVERAGE
864.4526 SYP

2022 GEL to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 948.1245. Conversely, the yearly low was recorded on March 8, dropping to 729.1727.

This high-to-low spread represents a total annual volatility of 218.9518 SYP. From a start-to-finish perspective, comparing the January average rate of 816.1638 to the December average rate of 939.1491, the exchange rate registered a net change of 15.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 948.1245 was up 15.85% compared to the 2021 peak of 818.4039, 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 4,740,623 SYP
2021 Average 1,946,169 SYP
Yearly Trough Low 3,645,864 SYP
Transaction Impact: A difference of 1,094,759.07 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

955.1814
762.7938
JanuMarcMayJulySeptNove

GEL to SYP 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 825.9003, compared to 903.0049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.1046 points.

H1 Avg (Jan–Jun) 825.9003
H2 Avg (Jul–Dec) 903.0049

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 79.8450 SYP (High: 809.0177 / Low: 729.1727). On the other end, January was the most stable month, with a tight range of 13.1657 SYP (High: 824.9589 / Low: 811.7932).

March Spread (Volatile) ±79.8450
January Spread (Stable) ±13.1657

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 58.8115 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -58.8115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 939.1491) against the same month in 2021 (average: 811.2587), the exchange rate shifted by +127.8903 (+15.76%).

2022 Avg (December) 939.1491
2021 Avg (December) 811.2587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 824.9589 811.7932 816.1638
February 858.8034 792.4290 837.6376
March 809.0177 729.1727 778.8261
April 829.1914 810.3226 821.2539
May 884.6937 825.1067 846.7910
June 869.3875 836.1165 854.7293
July 908.6908 854.5015 859.7509
August 930.5667 867.8860 907.0474
September 892.5506 837.5100 884.0032
October 913.6473 889.3912 904.5023
November 935.7654 913.6473 923.5764
December 948.1245 928.8466 939.1491