YEARLY HIGH
0.0025 GEL
YEARLY LOW
0.0016 GEL
YEARLY AVERAGE
0.0020 GEL

2021 MMK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0025. Conversely, the yearly low was recorded on October 11, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0009 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0017, the exchange rate registered a net change of -29.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0025 was down 5.23% compared to the 2020 peak of 0.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 GEL
2020 Average 11 GEL
Yearly Trough Low 8 GEL
Transaction Impact: A difference of 4.61 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0026
0.0016
JanuMarcMayJulySeptNove

MMK 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 0.0023, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0002 GEL (High: 0.0022 / Low: 0.0020). On the other end, December was the most stable month, with a tight range of 0.0000 GEL (High: 0.0017 / Low: 0.0017).

May Spread (Volatile) ±0.0002
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0025) against the same month in 2020 (average: 0.0020), the exchange rate shifted by +0.0005 (+26.67%).

2021 Avg (January) 0.0025
2020 Avg (January) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0025 0.0025
February 0.0025 0.0023 0.0024
March 0.0024 0.0024 0.0024
April 0.0025 0.0022 0.0024
May 0.0022 0.0020 0.0021
June 0.0020 0.0019 0.0019
July 0.0019 0.0019 0.0019
August 0.0019 0.0019 0.0019
September 0.0019 0.0017 0.0018
October 0.0018 0.0016 0.0017
November 0.0018 0.0017 0.0018
December 0.0017 0.0017 0.0017