YEARLY HIGH
16.5767 PHP
YEARLY LOW
13.8674 PHP
YEARLY AVERAGE
15.3429 PHP

2021 GEL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 16.5767. Conversely, the yearly low was recorded on May 9, dropping to 13.8674.

This high-to-low spread represents a total annual volatility of 2.7093 PHP. From a start-to-finish perspective, comparing the January average rate of 14.5553 to the December average rate of 16.2463, the exchange rate registered a net change of 11.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.5767 was down 10.18% compared to the 2020 peak of 18.4555, 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 82,884 PHP
2020 Average 79,938 PHP
Yearly Trough Low 69,337 PHP
Transaction Impact: A difference of 13,546.56 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.4606
13.8889
JanuMarcMayJulySeptNove

GEL to PHP 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 14.5422, compared to 16.1436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6013 points.

H1 Avg (Jan–Jun) 14.5422
H2 Avg (Jul–Dec) 16.1436

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.8982 PHP (High: 14.7656 / Low: 13.8674). On the other end, January was the most stable month, with a tight range of 0.2174 PHP (High: 14.7150 / Low: 14.4977).

May Spread (Volatile) ±0.8982
January Spread (Stable) ±0.2174

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 0.4446 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 16.2463) against the same month in 2020 (average: 14.5965), the exchange rate shifted by +1.6498 (+11.30%).

2021 Avg (December) 16.2463
2020 Avg (December) 14.5965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7150 14.4977 14.5553
February 14.7280 14.4450 14.5728
March 14.6317 14.2275 14.5478
April 14.2848 13.9421 14.1032
May 14.7656 13.8674 14.1996
June 15.5019 14.6496 15.2746
July 16.4309 15.5481 16.0315
August 16.4171 15.6622 16.1893
September 16.4427 15.9903 16.1546
October 16.3539 15.9731 16.1845
November 16.3104 15.8144 16.0552
December 16.5767 16.0644 16.2463