2021 GEL to WST Historical Review

YEARLY HIGH

0.8482 WST

YEARLY LOW

0.7318 WST

YEARLY AVERAGE

0.7923 WST

2021 GEL to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.8482. Conversely, the yearly low was recorded on May 2, dropping to 0.7318.

This high-to-low spread represents a total annual volatility of 0.1164 WST. From a start-to-finish perspective, comparing the January average rate of 0.7609 to the December average rate of 0.8378, the exchange rate registered a net change of 10.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8482 was down 13.01% compared to the 2020 peak of 0.9750, 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 4,241 WST

2020 Average 4,287 WST

Yearly Trough Low 3,659 WST

Transaction Impact: A difference of 582.07 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8477

0.7278

JanuMarcMayJulySeptNove

GEL to WST 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 0.7603, compared to 0.8242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0639 points.

H1 Avg (Jan–Jun) 0.7603

H2 Avg (Jul–Dec) 0.8242

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0399 WST (High: 0.8109 / Low: 0.7710). On the other end, September was the most stable month, with a tight range of 0.0052 WST (High: 0.8278 / Low: 0.8226).

June Spread (Volatile) ±0.0399

September Spread (Stable) ±0.0052

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 March and April, when the average rate fell by 0.0186 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.8378) against the same month in 2020 (average: 0.7743), the exchange rate shifted by +0.0635 (+8.20%).

2021 Avg (December) 0.8378

2020 Avg (December) 0.7743

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7734	0.7542	0.7609
February	0.7645	0.7519	0.7580
March	0.7641	0.7437	0.7565
April	0.7465	0.7318	0.7378
May	0.7710	0.7318	0.7473
June	0.8109	0.7710	0.8012
July	0.8336	0.8025	0.8167
August	0.8337	0.8222	0.8276
September	0.8278	0.8226	0.8241
October	0.8278	0.8153	0.8209
November	0.8283	0.8114	0.8182
December	0.8482	0.8203	0.8378