YEARLY HIGH
133.9023 NGN
YEARLY LOW
109.8408 NGN
YEARLY AVERAGE
125.6152 NGN

2021 GEL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 133.9023. Conversely, the yearly low was recorded on April 27, dropping to 109.8408.

This high-to-low spread represents a total annual volatility of 24.0615 NGN. From a start-to-finish perspective, comparing the January average rate of 117.4217 to the December average rate of 132.7823, the exchange rate registered a net change of 13.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 133.9023 was up 1.80% compared to the 2020 peak of 131.5378, 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 669,512 NGN
2020 Average 611,796 NGN
Yearly Trough Low 549,204 NGN
Transaction Impact: A difference of 120,307.59 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

134.6853
111.8485
JanuMarcMayJulySeptNove

GEL to NGN 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 119.2436, compared to 131.9868 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 12.7432 points.

H1 Avg (JanтАУJun) 119.2436
H2 Avg (JulтАУDec) 131.9868

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 16.5569 NGN (High: 126.6871 / Low: 110.1302). On the other end, September was the most stable month, with a tight range of 0.6910 NGN (High: 132.7816 / Low: 132.0906).

May Spread (Volatile) ┬▒16.5569
September Spread (Stable) ┬▒0.6910

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 2.5493 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.5493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 132.7313) against the same month in 2020 (average: 124.6171), the exchange rate shifted by +8.1142 (+6.51%).

2021 Avg (August) 132.7313
2020 Avg (August) 124.6171

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 120.7612 114.9547 117.4217
February 124.6005 114.2953 117.6531
March 123.5977 113.4328 116.3009
April 120.0088 109.8408 113.7516
May 126.6871 110.1302 119.9139
June 132.8502 126.2300 130.4206
July 133.8236 129.8615 131.7399
August 133.9023 131.8888 132.7313
September 132.7816 132.0906 132.4364
October 132.0804 130.2571 131.1911
November 132.9784 129.9114 131.0398
December 133.8554 131.3538 132.7823