YEARLY HIGH
883.7293 TZS
YEARLY LOW
671.4480 TZS
YEARLY AVERAGE
800.3748 TZS

2022 GEL to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 883.7293. Conversely, the yearly low was recorded on March 8, dropping to 671.4480.

This high-to-low spread represents a total annual volatility of 212.2813 TZS. From a start-to-finish perspective, comparing the January average rate of 749.0039 to the December average rate of 872.1733, the exchange rate registered a net change of 16.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 883.7293 was up 17.15% compared to the 2021 peak of 754.3822, 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 4,418,647 TZS
2021 Average 3,602,106 TZS
Yearly Trough Low 3,357,240 TZS
Transaction Impact: A difference of 1,061,406.58 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

887.5068
703.5046
JanuMarcMayJulySeptNove

GEL to TZS 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 762.6319, compared to 838.1177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 75.4859 points.

H1 Avg (Jan–Jun) 762.6319
H2 Avg (Jul–Dec) 838.1177

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 75.7339 TZS (High: 747.1820 / Low: 671.4480). On the other end, January was the most stable month, with a tight range of 16.1606 TZS (High: 758.9491 / Low: 742.7885).

March Spread (Volatile) ±75.7339
January Spread (Stable) ±16.1606

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 52.7698 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -52.7698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 872.1733) against the same month in 2021 (average: 743.3241), the exchange rate shifted by +128.8491 (+17.33%).

2022 Avg (December) 872.1733
2021 Avg (December) 743.3241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 758.9491 742.7885 749.0039
February 792.5828 725.9842 771.6079
March 747.1820 671.4480 718.8382
April 768.1363 749.0323 759.5663
May 819.3662 762.4878 783.7345
June 807.2664 775.0416 793.0404
July 843.6215 789.9460 797.7075
August 864.0741 805.0790 842.2304
September 830.6944 777.3333 820.5252
October 848.0000 824.7788 839.5576
November 868.5289 842.7144 856.5126
December 883.7293 862.1072 872.1733