2022 GEL to WST Historical Review

YEARLY HIGH

1.0410 WST

YEARLY LOW

0.7602 WST

YEARLY AVERAGE

0.9214 WST

2022 GEL to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 1.0410. Conversely, the yearly low was recorded on March 8, dropping to 0.7602.

This high-to-low spread represents a total annual volatility of 0.2808 WST. From a start-to-finish perspective, comparing the January average rate of 0.8451 to the December average rate of 1.0095, the exchange rate registered a net change of 19.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0410 was up 22.73% compared to the 2021 peak of 0.8482, 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 5,205 WST

2021 Average 3,962 WST

Yearly Trough Low 3,801 WST

Transaction Impact: A difference of 1,404.07 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0521

0.7887

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 0.8590, compared to 0.9839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1249 points.

H1 Avg (Jan–Jun) 0.8590

H2 Avg (Jul–Dec) 0.9839

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0784 WST (High: 0.8385 / Low: 0.7602). On the other end, April was the most stable month, with a tight range of 0.0114 WST (High: 0.8513 / Low: 0.8399).

March Spread (Volatile) ±0.0784

April Spread (Stable) ±0.0114

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 0.0628 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 1.0302) against the same month in 2021 (average: 0.8182), the exchange rate shifted by +0.2120 (+25.91%).

2022 Avg (November) 1.0302

2021 Avg (November) 0.8182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8537	0.8405	0.8451
February	0.8960	0.8274	0.8735
March	0.8385	0.7602	0.8106
April	0.8513	0.8399	0.8457
May	0.9247	0.8499	0.8812
June	0.9160	0.8695	0.8978
July	0.9804	0.9105	0.9262
August	1.0022	0.9290	0.9708
September	0.9783	0.9143	0.9568
October	1.0346	0.9783	1.0100
November	1.0410	1.0253	1.0302
December	1.0328	0.9972	1.0095