2021 MDL to GEL Historical Review

YEARLY HIGH

0.1953 GEL

YEARLY LOW

0.1706 GEL

YEARLY AVERAGE

0.1824 GEL

2021 MDL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MDL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.1953. Conversely, the yearly low was recorded on July 24, dropping to 0.1706.

This high-to-low spread represents a total annual volatility of 0.0247 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1915 to the December average rate of 0.1747, the exchange rate registered a net change of -8.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1953 was down 2.40% compared to the 2020 peak of 0.2001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 976 GEL

2020 Average 904 GEL

Yearly Trough Low 853 GEL

Transaction Impact: A difference of 123.52 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1938

0.1717

JanuMarcMayJulySeptNove

MDL 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 0.1884, compared to 0.1764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.1884

H2 Avg (Jul–Dec) 0.1764

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0120 GEL (High: 0.1859 / Low: 0.1738). On the other end, September was the most stable month, with a tight range of 0.0024 GEL (High: 0.1783 / Low: 0.1759).

June Spread (Volatile) ±0.0120

September Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0132 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1907) against the same month in 2020 (average: 0.1811), the exchange rate shifted by +0.0096 (+5.32%).

2021 Avg (May) 0.1907

2020 Avg (May) 0.1811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1934	0.1896	0.1915
February	0.1918	0.1885	0.1903
March	0.1904	0.1866	0.1885
April	0.1951	0.1896	0.1920
May	0.1953	0.1851	0.1907
June	0.1859	0.1738	0.1775
July	0.1757	0.1706	0.1735
August	0.1771	0.1721	0.1755
September	0.1783	0.1759	0.1766
October	0.1813	0.1773	0.1800
November	0.1816	0.1742	0.1781
December	0.1764	0.1722	0.1747