YEARLY HIGH
4.8397 GEL
YEARLY LOW
4.0811 GEL
YEARLY AVERAGE
4.4279 GEL

2021 FKP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 4.8397. Conversely, the yearly low was recorded on December 19, dropping to 4.0811.

This high-to-low spread represents a total annual volatility of 0.7586 GEL. From a start-to-finish perspective, comparing the January average rate of 4.5061 to the December average rate of 4.1218, the exchange rate registered a net change of -8.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.8397 was up 7.71% compared to the 2020 peak of 4.4933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,199 GEL
2020 Average 19,987 GEL
Yearly Trough Low 20,406 GEL
Transaction Impact: A difference of 3,793.04 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.8155
4.0587
JanuMarcMayJulySeptNove

FKP 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: JanтАУJun) was 4.6081, compared to 4.2477 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.3604 points.

H1 Avg (JanтАУJun) 4.6081
H2 Avg (JulтАУDec) 4.2477

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.2667 GEL (High: 4.6197 / Low: 4.3529). On the other end, August was the most stable month, with a tight range of 0.0638 GEL (High: 4.2988 / Low: 4.2350).

June Spread (Volatile) ┬▒0.2667
August Spread (Stable) ┬▒0.0638

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 0.3287 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 4.7486) against the same month in 2020 (average: 3.9388), the exchange rate shifted by +0.8098 (+20.56%).

2021 Avg (May) 4.7486
2020 Avg (May) 3.9388

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 4.5442 4.4648 4.5061
February 4.7039 4.5211 4.5980
March 4.6874 4.5719 4.6235
April 4.8217 4.6674 4.7524
May 4.8397 4.6016 4.7486
June 4.6197 4.3529 4.4199
July 4.3713 4.1991 4.3126
August 4.2988 4.2350 4.2772
September 4.3072 4.1761 4.2704
October 4.3469 4.2125 4.2878
November 4.3273 4.1275 4.2163
December 4.1880 4.0811 4.1218