YEARLY HIGH
0.4284 GEL
YEARLY LOW
0.3295 GEL
YEARLY AVERAGE
0.3615 GEL

2022 MOP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MOP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.4284. Conversely, the yearly low was recorded on December 18, dropping to 0.3295.

This high-to-low spread represents a total annual volatility of 0.0990 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3836 to the December average rate of 0.3335, the exchange rate registered a net change of -13.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4284 was down 1.04% compared to the 2021 peak of 0.4329, 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 2,142 GEL
2021 Average 2,009 GEL
Yearly Trough Low 1,647 GEL
Transaction Impact: A difference of 494.77 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4072
0.3268
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 0.3778, compared to 0.3452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0326 points.

H1 Avg (Jan–Jun) 0.3778
H2 Avg (Jul–Dec) 0.3452

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0433 GEL (High: 0.4284 / Low: 0.3852). On the other end, January was the most stable month, with a tight range of 0.0081 GEL (High: 0.3871 / Low: 0.3790).

March Spread (Volatile) ±0.0433
January Spread (Stable) ±0.0081

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 March and April, when the average rate fell by 0.0222 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.4005) against the same month in 2021 (average: 0.4172), the exchange rate shifted by -0.0167 (-4.00%).

2022 Avg (March) 0.4005
2021 Avg (March) 0.4172

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3871 0.3790 0.3836
February 0.3971 0.3632 0.3736
March 0.4284 0.3852 0.4005
April 0.3843 0.3742 0.3783
May 0.3772 0.3511 0.3673
June 0.3719 0.3574 0.3634
July 0.3654 0.3419 0.3616
August 0.3585 0.3334 0.3427
September 0.3708 0.3472 0.3518
October 0.3492 0.3400 0.3437
November 0.3423 0.3337 0.3377
December 0.3377 0.3295 0.3335