YEARLY HIGH
11.7827 TWD
YEARLY LOW
8.2201 TWD
YEARLY AVERAGE
10.2641 TWD

2022 GEL to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 11.7827. Conversely, the yearly low was recorded on March 8, dropping to 8.2201.

This high-to-low spread represents a total annual volatility of 3.5625 TWD. From a start-to-finish perspective, comparing the January average rate of 8.9839 to the December average rate of 11.4728, the exchange rate registered a net change of 27.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.7827 was up 29.54% compared to the 2021 peak of 9.0955, 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 58,913 TWD
2021 Average 43,440 TWD
Yearly Trough Low 41,101 TWD
Transaction Impact: A difference of 17,812.56 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.7926
8.5361
JanuMarcMayJulySeptNove

GEL to TWD 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 9.4359, compared to 11.0923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6564 points.

H1 Avg (Jan–Jun) 9.4359
H2 Avg (Jul–Dec) 11.0923

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 1.0073 TWD (High: 9.2275 / Low: 8.2201). On the other end, January was the most stable month, with a tight range of 0.2487 TWD (High: 9.1431 / Low: 8.8944).

March Spread (Volatile) ±1.0073
January Spread (Stable) ±0.2487

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4848 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.4848

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 11.5212) against the same month in 2021 (average: 8.8655), the exchange rate shifted by +2.6557 (+29.96%).

2022 Avg (November) 11.5212
2021 Avg (November) 8.8655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.1431 8.8944 8.9839
February 9.5256 8.8258 9.2923
March 9.2275 8.2201 8.8075
April 9.6721 9.2478 9.5032
May 10.3759 9.6072 9.9624
June 10.2903 9.6983 10.0662
July 10.8197 10.1039 10.2171
August 11.1032 10.4950 10.8617
September 11.2665 10.4878 10.9796
October 11.7123 11.2557 11.5016
November 11.7827 11.3497 11.5212
December 11.6173 11.2950 11.4728