YEARLY HIGH
0.4329 GEL
YEARLY LOW
0.3812 GEL
YEARLY AVERAGE
0.4019 GEL

2021 MOP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 25, valuing the pair at 0.4329. Conversely, the yearly low was recorded on December 19, dropping to 0.3812.

This high-to-low spread represents a total annual volatility of 0.0518 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4134 to the December average rate of 0.3855, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4329 was down 0.12% compared to the 2020 peak of 0.4334, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,165 GEL
2020 Average 1,949 GEL
Yearly Trough Low 1,906 GEL
Transaction Impact: A difference of 258.78 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4336
0.3811
JanuMarcMayJulySeptNove

MOP 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 0.4152, compared to 0.3887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0265 points.

H1 Avg (Jan–Jun) 0.4152
H2 Avg (Jul–Dec) 0.3887

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0252 GEL (High: 0.4328 / Low: 0.4075). On the other end, September was the most stable month, with a tight range of 0.0016 GEL (High: 0.3886 / Low: 0.3870).

May Spread (Volatile) ±0.0252
September Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and April, 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 0.0273 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.4293) against the same month in 2020 (average: 0.3988), the exchange rate shifted by +0.0305 (+7.65%).

2021 Avg (April) 0.4293
2020 Avg (April) 0.3988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4152 0.4088 0.4134
February 0.4175 0.4124 0.4150
March 0.4259 0.4153 0.4172
April 0.4329 0.4248 0.4293
May 0.4328 0.4075 0.4218
June 0.4079 0.3887 0.3945
July 0.3957 0.3840 0.3902
August 0.3890 0.3839 0.3867
September 0.3886 0.3870 0.3878
October 0.3933 0.3879 0.3910
November 0.3949 0.3853 0.3908
December 0.3894 0.3812 0.3855