YEARLY HIGH
0.3889 GEL
YEARLY LOW
0.3311 GEL
YEARLY AVERAGE
0.3581 GEL

2021 MAD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.3889. Conversely, the yearly low was recorded on December 19, dropping to 0.3311.

This high-to-low spread represents a total annual volatility of 0.0578 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3709 to the December average rate of 0.3346, the exchange rate registered a net change of -9.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3889 was up 4.07% compared to the 2020 peak of 0.3736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,944 GEL
2020 Average 1,643 GEL
Yearly Trough Low 1,655 GEL
Transaction Impact: A difference of 288.99 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3885
0.3297
JanuMarcMayJulySeptNove

MAD 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 0.3720, compared to 0.3441 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0280 points.

H1 Avg (JanтАУJun) 0.3720
H2 Avg (JulтАУDec) 0.3441

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0204 GEL (High: 0.3889 / Low: 0.3684). On the other end, August was the most stable month, with a tight range of 0.0049 GEL (High: 0.3484 / Low: 0.3434).

May Spread (Volatile) ┬▒0.0204
August Spread (Stable) ┬▒0.0049

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0252 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.3810) against the same month in 2020 (average: 0.3252), the exchange rate shifted by +0.0558 (+17.17%).

2021 Avg (May) 0.3810
2020 Avg (May) 0.3252

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 0.3761 0.3674 0.3709
February 0.3740 0.3680 0.3705
March 0.3757 0.3678 0.3705
April 0.3886 0.3781 0.3836
May 0.3889 0.3684 0.3810
June 0.3698 0.3507 0.3558
July 0.3545 0.3435 0.3491
August 0.3484 0.3434 0.3457
September 0.3484 0.3431 0.3465
October 0.3489 0.3431 0.3460
November 0.3486 0.3348 0.3424
December 0.3389 0.3311 0.3346