YEARLY HIGH
7.0454 MXN
YEARLY LOW
5.7523 MXN
YEARLY AVERAGE
6.3140 MXN

2021 GEL to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 7.0454. Conversely, the yearly low was recorded on April 24, dropping to 5.7523.

This high-to-low spread represents a total annual volatility of 1.2931 MXN. From a start-to-finish perspective, comparing the January average rate of 6.0460 to the December average rate of 6.7465, the exchange rate registered a net change of 11.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.0454 was down 13.12% compared to the 2020 peak of 8.1094, 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 35,227 MXN
2020 Average 34,538 MXN
Yearly Trough Low 28,761 MXN
Transaction Impact: A difference of 6,465.41 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.8371
5.7501
JanuMarcMayJulySeptNove

GEL to MXN 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 6.0860, compared to 6.5419 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.4558 points.

H1 Avg (JanтАУJun) 6.0860
H2 Avg (JulтАУDec) 6.5419

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.6100 MXN (High: 7.0454 / Low: 6.4353). On the other end, August was the most stable month, with a tight range of 0.1265 MXN (High: 6.5545 / Low: 6.4280).

November Spread (Volatile) ┬▒0.6100
August Spread (Stable) ┬▒0.1265

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3846 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.6615) against the same month in 2020 (average: 6.1479), the exchange rate shifted by +0.5136 (+8.35%).

2021 Avg (November) 6.6615
2020 Avg (November) 6.1479

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 6.2304 5.9266 6.0460
February 6.2937 6.0404 6.1270
March 6.4563 6.0347 6.2253
April 5.9344 5.7523 5.8407
May 6.1169 5.7872 5.9224
June 6.5322 6.1073 6.3548
July 6.5387 6.2670 6.3918
August 6.5545 6.4280 6.4770
September 6.6339 6.3857 6.4460
October 6.6760 6.4307 6.5285
November 7.0454 6.4353 6.6615
December 6.8738 6.6115 6.7465