YEARLY HIGH
0.7429 TOP
YEARLY LOW
0.6534 TOP
YEARLY AVERAGE
0.7051 TOP

2021 GEL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.7429. Conversely, the yearly low was recorded on May 1, dropping to 0.6534.

This high-to-low spread represents a total annual volatility of 0.0895 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6906 to the December average rate of 0.7377, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7429 was down 12.19% compared to the 2020 peak of 0.8461, 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 3,715 TOP
2020 Average 3,706 TOP
Yearly Trough Low 3,267 TOP
Transaction Impact: A difference of 447.60 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7452
0.6552
JanuMarcMayJulySeptNove

GEL to TOP 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 0.6843, compared to 0.7258 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0415 points.

H1 Avg (JanтАУJun) 0.6843
H2 Avg (JulтАУDec) 0.7258

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0362 TOP (High: 0.6896 / Low: 0.6534). On the other end, August was the most stable month, with a tight range of 0.0105 TOP (High: 0.7359 / Low: 0.7254).

May Spread (Volatile) ┬▒0.0362
August Spread (Stable) ┬▒0.0105

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 0.0207 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7377) against the same month in 2020 (average: 0.6933), the exchange rate shifted by +0.0444 (+6.41%).

2021 Avg (December) 0.7377
2020 Avg (December) 0.6933

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 0.6963 0.6830 0.6906
February 0.6967 0.6814 0.6926
March 0.6922 0.6713 0.6835
April 0.6729 0.6534 0.6627
May 0.6896 0.6534 0.6677
June 0.7163 0.6804 0.7087
July 0.7358 0.7117 0.7234
August 0.7359 0.7254 0.7301
September 0.7319 0.7211 0.7247
October 0.7301 0.7090 0.7192
November 0.7364 0.7068 0.7200
December 0.7429 0.7311 0.7377