YEARLY HIGH
4724.9026 IDR
YEARLY LOW
4107.9942 IDR
YEARLY AVERAGE
4452.5110 IDR

2021 GEL to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 4724.9026. Conversely, the yearly low was recorded on May 8, dropping to 4107.9942.

This high-to-low spread represents a total annual volatility of 616.9084 IDR. From a start-to-finish perspective, comparing the January average rate of 4257.0016 to the December average rate of 4625.2049, the exchange rate registered a net change of 8.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4724.9026 was down 13.25% compared to the 2020 peak of 5446.5950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,624,513 IDR
2020 Average 23,395,580 IDR
Yearly Trough Low 20,539,971 IDR
Transaction Impact: A difference of 3,084,542.06 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4688.3508
4192.1602
JanuMarcMayJulySeptNove

GEL to IDR 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 4307.3215, compared to 4597.7005 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 290.3791 points.

H1 Avg (JanтАУJun) 4307.3215
H2 Avg (JulтАУDec) 4597.7005

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 280.4721 IDR (High: 4388.4663 / Low: 4107.9942). On the other end, September was the most stable month, with a tight range of 47.0283 IDR (High: 4610.6270 / Low: 4563.5987).

May Spread (Volatile) ┬▒280.4721
September Spread (Stable) ┬▒47.0283

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 80.5247 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -80.5247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 4647.0016) against the same month in 2020 (average: 4726.7777), the exchange rate shifted by -79.7761 (-1.69%).

2021 Avg (July) 4647.0016
2020 Avg (July) 4726.7777

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 4326.8470 4184.4492 4257.0016
February 4311.4887 4209.7403 4241.4621
March 4339.2384 4267.4194 4314.0341
April 4292.6966 4174.1908 4233.5094
May 4388.4663 4107.9942 4244.8405
June 4614.2351 4371.6411 4553.0811
July 4724.9026 4583.0586 4647.0016
August 4702.6691 4579.2751 4639.5568
September 4610.6270 4563.5987 4588.6954
October 4600.5110 4486.2679 4529.9520
November 4646.1118 4503.3175 4555.7926
December 4664.1303 4587.0000 4625.2049