YEARLY HIGH
5.1152 EGP
YEARLY LOW
4.5232 EGP
YEARLY AVERAGE
4.8852 EGP

2021 GEL to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 5.1152. Conversely, the yearly low was recorded on May 2, dropping to 4.5232.

This high-to-low spread represents a total annual volatility of 0.5920 EGP. From a start-to-finish perspective, comparing the January average rate of 4.7576 to the December average rate of 5.0749, the exchange rate registered a net change of 6.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.1152 was down 9.38% compared to the 2020 peak of 5.6449, 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 25,576 EGP
2020 Average 25,464 EGP
Yearly Trough Low 22,616 EGP
Transaction Impact: A difference of 2,960.21 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.1255
4.5183
JanuMarcMayJulySeptNove

GEL to EGP 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 4.7290, compared to 5.0413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3122 points.

H1 Avg (Jan–Jun) 4.7290
H2 Avg (Jul–Dec) 5.0413

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2912 EGP (High: 4.8144 / Low: 4.5232). On the other end, September was the most stable month, with a tight range of 0.0241 EGP (High: 5.0692 / Low: 5.0450).

May Spread (Volatile) ±0.2912
September Spread (Stable) ±0.0241

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 0.1379 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 5.0749) against the same month in 2020 (average: 4.7630), the exchange rate shifted by +0.3119 (+6.55%).

2021 Avg (December) 5.0749
2020 Avg (December) 4.7630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.8227 4.7278 4.7576
February 4.7543 4.7069 4.7270
March 4.7387 4.6094 4.7069
April 4.6178 4.5260 4.5689
May 4.8144 4.5232 4.6462
June 5.0531 4.8094 4.9676
July 5.1094 4.9589 5.0259
August 5.1087 5.0318 5.0638
September 5.0692 5.0450 5.0550
October 5.0548 4.9877 5.0152
November 5.0911 4.9678 5.0128
December 5.1152 5.0277 5.0749