2022 MMK to GEL Historical Review

YEARLY HIGH

0.0019 GEL

YEARLY LOW

0.0013 GEL

YEARLY AVERAGE

0.0015 GEL

2022 MMK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0019. Conversely, the yearly low was recorded on December 18, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0007 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0013, the exchange rate registered a net change of -26.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0019 was down 22.81% compared to the 2021 peak of 0.0025, 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 10 GEL

2021 Average 10 GEL

Yearly Trough Low 6 GEL

Transaction Impact: A difference of 3.41 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0019

0.0012

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 0.0017, compared to 0.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0017

H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0002 GEL (High: 0.0019 / Low: 0.0017). On the other end, December was the most stable month, with a tight range of 0.0000 GEL (High: 0.0013 / Low: 0.0013).

March Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0018) against the same month in 2021 (average: 0.0024), the exchange rate shifted by -0.0006 (-23.32%).

2022 Avg (March) 0.0018

2021 Avg (March) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0017	0.0017	0.0017
February	0.0018	0.0016	0.0017
March	0.0019	0.0017	0.0018
April	0.0017	0.0016	0.0017
May	0.0016	0.0015	0.0016
June	0.0016	0.0016	0.0016
July	0.0016	0.0015	0.0016
August	0.0015	0.0013	0.0014
September	0.0014	0.0013	0.0014
October	0.0013	0.0013	0.0013
November	0.0013	0.0013	0.0013
December	0.0013	0.0013	0.0013