YEARLY HIGH
0.9516 GEL
YEARLY LOW
0.7515 GEL
YEARLY AVERAGE
0.8323 GEL

2021 PEN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 0.9516. Conversely, the yearly low was recorded on October 2, dropping to 0.7515.

This high-to-low spread represents a total annual volatility of 0.2001 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9106 to the December average rate of 0.7659, the exchange rate registered a net change of -15.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9516 was down 3.34% compared to the 2020 peak of 0.9845, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,758 GEL
2020 Average 4,454 GEL
Yearly Trough Low 3,757 GEL
Transaction Impact: A difference of 1,000.60 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9485
0.7390
JanuMarcMayJulySeptNove

PEN 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 0.8920, compared to 0.7726 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1194 points.

H1 Avg (JanтАУJun) 0.8920
H2 Avg (JulтАУDec) 0.7726

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0851 GEL (High: 0.9347 / Low: 0.8496). On the other end, September was the most stable month, with a tight range of 0.0077 GEL (High: 0.7599 / Low: 0.7522).

May Spread (Volatile) ┬▒0.0851
September Spread (Stable) ┬▒0.0077

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0891 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.9310) against the same month in 2020 (average: 0.9359), the exchange rate shifted by -0.0049 (-0.53%).

2021 Avg (April) 0.9310
2020 Avg (April) 0.9359

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 0.9167 0.9017 0.9106
February 0.9141 0.9036 0.9090
March 0.9106 0.8943 0.9000
April 0.9516 0.9046 0.9310
May 0.9347 0.8496 0.8952
June 0.8472 0.7865 0.8061
July 0.8158 0.7794 0.7929
August 0.7837 0.7541 0.7604
September 0.7599 0.7522 0.7565
October 0.7986 0.7515 0.7800
November 0.7922 0.7652 0.7803
December 0.7818 0.7578 0.7659