YEARLY HIGH
4.8780 GEL
YEARLY LOW
4.3300 GEL
YEARLY AVERAGE
4.5385 GEL

2021 JOD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 4.8780. Conversely, the yearly low was recorded on December 26, dropping to 4.3300.

This high-to-low spread represents a total annual volatility of 0.5480 GEL. From a start-to-finish perspective, comparing the January average rate of 4.6588 to the December average rate of 4.3683, the exchange rate registered a net change of -6.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.8780 was down 0.04% compared to the 2020 peak of 4.8801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,390 GEL
2020 Average 21,960 GEL
Yearly Trough Low 21,650 GEL
Transaction Impact: A difference of 2,740.03 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.8921
4.3207
JanuMarcMayJulySeptNove

JOD 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 4.6819, compared to 4.3950 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2868 points.

H1 Avg (JanтАУJun) 4.6819
H2 Avg (JulтАУDec) 4.3950

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2800 GEL (High: 4.8780 / Low: 4.5980). On the other end, September was the most stable month, with a tight range of 0.0176 GEL (High: 4.3900 / Low: 4.3724).

May Spread (Volatile) ┬▒0.2800
September Spread (Stable) ┬▒0.0176

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 0.3095 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 4.8445) against the same month in 2020 (average: 4.4890), the exchange rate shifted by +0.3555 (+7.92%).

2021 Avg (April) 4.8445
2020 Avg (April) 4.4890

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

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Month High Low Average
January 4.6756 4.6266 4.6588
February 4.7026 4.6474 4.6750
March 4.8096 4.6827 4.7059
April 4.8780 4.7989 4.8445
May 4.8780 4.5980 4.7583
June 4.5980 4.3794 4.4488
July 4.4640 4.3367 4.4028
August 4.4006 4.3360 4.3733
September 4.3900 4.3724 4.3834
October 4.4429 4.3865 4.4190
November 4.4640 4.3653 4.4235
December 4.4076 4.3300 4.3683