YEARLY HIGH
1.0433 GEL
YEARLY LOW
0.7581 GEL
YEARLY AVERAGE
0.8707 GEL

2022 ILS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.0433. Conversely, the yearly low was recorded on December 22, dropping to 0.7581.

This high-to-low spread represents a total annual volatility of 0.2853 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9816 to the December average rate of 0.7742, the exchange rate registered a net change of -21.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0433 was down 2.21% compared to the 2021 peak of 1.0669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ILS based on timing:

Yearly Peak High 5,217 GEL
2021 Average 4,977 GEL
Yearly Trough Low 3,790 GEL
Transaction Impact: A difference of 1,426.31 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0172
0.7521
JanuMarcMayJulySeptNove

ILS to GEL 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 0.9324, compared to 0.8090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1235 points.

H1 Avg (Jan–Jun) 0.9324
H2 Avg (Jul–Dec) 0.8090

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0769 GEL (High: 0.9807 / Low: 0.9038). On the other end, October was the most stable month, with a tight range of 0.0271 GEL (High: 0.8019 / Low: 0.7747).

February Spread (Volatile) ±0.0769
October Spread (Stable) ±0.0271

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0646 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.9951) against the same month in 2021 (average: 1.0060), the exchange rate shifted by -0.0108 (-1.08%).

2022 Avg (March) 0.9951
2021 Avg (March) 1.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0030 0.9507 0.9816
February 0.9807 0.9038 0.9331
March 1.0433 0.9674 0.9951
April 0.9672 0.9112 0.9433
May 0.9113 0.8480 0.8787
June 0.8990 0.8380 0.8626
July 0.8553 0.8090 0.8444
August 0.8717 0.8083 0.8422
September 0.8668 0.7939 0.8248
October 0.8019 0.7747 0.7844
November 0.7972 0.7627 0.7836
December 0.7973 0.7581 0.7742