2022 GEL to THB Historical Review

YEARLY HIGH

13.9231 THB

YEARLY LOW

9.6417 THB

YEARLY AVERAGE

12.0694 THB

2022 GEL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 13.9231. Conversely, the yearly low was recorded on March 8, dropping to 9.6417.

This high-to-low spread represents a total annual volatility of 4.2814 THB. From a start-to-finish perspective, comparing the January average rate of 10.7949 to the December average rate of 12.9900, the exchange rate registered a net change of 20.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.9231 was up 27.57% compared to the 2021 peak of 10.9138, 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 69,615 THB

2021 Average 49,850 THB

Yearly Trough Low 48,209 THB

Transaction Impact: A difference of 21,406.80 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

13.9869

9.9722

JanuMarcMayJulySeptNove

GEL to THB 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 11.0819, compared to 13.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9748 points.

H1 Avg (Jan–Jun) 11.0819

H2 Avg (Jul–Dec) 13.0568

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 1.0947 THB (High: 10.7364 / Low: 9.6417). On the other end, January was the most stable month, with a tight range of 0.2962 THB (High: 10.9734 / Low: 10.6772).

March Spread (Volatile) ±1.0947

January Spread (Stable) ±0.2962

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5687 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.5687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 13.3381) against the same month in 2021 (average: 10.5562), the exchange rate shifted by +2.7819 (+26.35%).

2022 Avg (November) 13.3381

2021 Avg (November) 10.5562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9734	10.6772	10.7949
February	11.1977	10.2347	10.8754
March	10.7364	9.6417	10.3067
April	11.2910	10.8196	11.0428
May	12.0551	11.2039	11.5874
June	12.2291	11.4388	11.8845
July	13.1803	12.0987	12.4242
August	13.3019	12.5653	12.9308
September	13.4369	12.3995	13.0052
October	13.8884	13.3194	13.6524
November	13.9231	12.9446	13.3381
December	13.2166	12.7890	12.9900