YEARLY HIGH
75752.5382 VEF
YEARLY LOW
0.2890 VEF
YEARLY AVERAGE
610.6280 VEF

2021 GEL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 75752.5382. Conversely, the yearly low was recorded on May 2, dropping to 0.2890.

This high-to-low spread represents a total annual volatility of 75752.2492 VEF. From a start-to-finish perspective, comparing the January average rate of 7324.1047 to the December average rate of 0.3229, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 75752.5382 was down 15.25% compared to the 2020 peak of 89384.0440, 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 378,762,691 VEF
2020 Average 400,141,574 VEF
Yearly Trough Low 1,445 VEF
Transaction Impact: A difference of 378,761,245.99 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8056.4861
-732.0902
JanuMarcMayJulySeptNove

GEL to VEF 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 1220.9352, compared to 0.3209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1220.6142 points.

H1 Avg (Jan–Jun) 1220.9352
H2 Avg (Jul–Dec) 0.3209

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 75752.2366 VEF (High: 75752.5382 / Low: 0.3017). On the other end, September was the most stable month, with a tight range of 0.0013 VEF (High: 0.3226 / Low: 0.3213).

January Spread (Volatile) ±75752.2366
September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 7323.8030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7323.8030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 7324.1047) against the same month in 2020 (average: 86349.0601), the exchange rate shifted by -79024.9554 (-91.52%).

2021 Avg (January) 7324.1047
2020 Avg (January) 86349.0601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 75752.5382 0.3017 7324.1047
February 0.3035 0.2999 0.3017
March 0.3012 0.2933 0.2997
April 0.2939 0.2890 0.2911
May 0.3067 0.2890 0.2965
June 0.3221 0.3067 0.3171
July 0.3252 0.3160 0.3204
August 0.3253 0.3205 0.3225
September 0.3226 0.3213 0.3218
October 0.3215 0.3175 0.3192
November 0.3231 0.3160 0.3189
December 0.3257 0.3200 0.3229