2022 GEL to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 246.4539. Conversely, the yearly low was recorded on March 8, dropping to 174.7216.
This high-to-low spread represents a total annual volatility of 71.7323 XAF. From a start-to-finish perspective, comparing the January average rate of 188.2508 to the December average rate of 231.4112, the exchange rate registered a net change of 22.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 246.4539 was up 30.32% compared to the 2021 peak of 189.1209, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GEL to XAF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 197.4077, compared to 232.3966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.9889 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 18.9674 XAF (High: 232.7641 / Low: 213.7967). On the other end, January was the most stable month, with a tight range of 7.3099 XAF (High: 193.1676 / Low: 185.8577).
Growth Streaks & Declines
TrendsBetween 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 8.0778 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 235.8379) against the same month in 2021 (average: 183.4363), the exchange rate shifted by +52.4015 (+28.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 193.1676 | 185.8577 | 188.2508 |
| February | 198.0306 | 183.5431 | 192.8569 |
| March | 190.7697 | 174.7216 | 184.7791 |
| April | 204.7554 | 191.8277 | 198.3253 |
| May | 215.7443 | 202.3493 | 209.0307 |
| June | 215.5341 | 204.7334 | 211.2031 |
| July | 232.7641 | 213.7967 | 220.1578 |
| August | 237.9476 | 226.0515 | 234.0230 |
| September | 241.3678 | 222.4010 | 232.8474 |
| October | 244.8998 | 233.8154 | 240.1022 |
| November | 246.4539 | 231.0565 | 235.8379 |
| December | 234.3835 | 226.4924 | 231.4112 |