2021 GEL to THB Historical Review

YEARLY HIGH

10.9138 THB

YEARLY LOW

9.0000 THB

YEARLY AVERAGE

9.9637 THB

2021 GEL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 10.9138. Conversely, the yearly low was recorded on May 1, dropping to 9.0000.

This high-to-low spread represents a total annual volatility of 1.9138 THB. From a start-to-finish perspective, comparing the January average rate of 9.0868 to the December average rate of 10.8320, the exchange rate registered a net change of 19.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.9138 was down 5.37% compared to the 2020 peak of 11.5333, 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 54,569 THB

2020 Average 50,371 THB

Yearly Trough Low 45,000 THB

Transaction Impact: A difference of 9,568.93 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.0091

8.8832

JanuMarcMayJulySeptNove

GEL to THB 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 9.2874, compared to 10.6401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3526 points.

H1 Avg (Jan–Jun) 9.2874

H2 Avg (Jul–Dec) 10.6401

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.6338 THB (High: 10.1798 / Low: 9.5460). On the other end, February was the most stable month, with a tight range of 0.1515 THB (High: 9.1635 / Low: 9.0120).

June Spread (Volatile) ±0.6338

February Spread (Stable) ±0.1515

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 October and November, when the average rate fell by 0.1276 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 10.8320) against the same month in 2020 (average: 9.1267), the exchange rate shifted by +1.7053 (+18.69%).

2021 Avg (December) 10.8320

2020 Avg (December) 9.1267

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.1919	9.0361	9.0868
February	9.1635	9.0120	9.0604
March	9.3000	9.0742	9.2252
April	9.2379	9.0000	9.1196
May	9.5920	9.0000	9.2695
June	10.1798	9.5460	9.9630
July	10.6973	10.1381	10.4592
August	10.8333	10.3397	10.6736
September	10.9132	10.3877	10.6356
October	10.8512	10.5389	10.6838
November	10.9070	10.3931	10.5562
December	10.9138	10.7254	10.8320

૨૦૨૫ GEL થી THB ઐતિહાસિક સમીક્ષા