YEARLY HIGH
0.9507 GEL
YEARLY LOW
0.8303 GEL
YEARLY AVERAGE
0.8830 GEL

2021 QAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 0.9507. Conversely, the yearly low was recorded on August 2, dropping to 0.8303.

This high-to-low spread represents a total annual volatility of 0.1203 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9068 to the December average rate of 0.8506, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9507 was up 0.04% compared to the 2020 peak of 0.9503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,753 GEL
2020 Average 4,276 GEL
Yearly Trough Low 4,152 GEL
Transaction Impact: A difference of 601.66 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9531
0.8381
JanuMarcMayJulySeptNove

QAR 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 0.9115, compared to 0.8545 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0570 points.

H1 Avg (JanтАУJun) 0.9115
H2 Avg (JulтАУDec) 0.8545

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0576 GEL (High: 0.9503 / Low: 0.8927). On the other end, February was the most stable month, with a tight range of 0.0113 GEL (High: 0.9158 / Low: 0.9045).

May Spread (Volatile) ┬▒0.0576
February Spread (Stable) ┬▒0.0113

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 0.0604 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.9435) against the same month in 2020 (average: 0.8741), the exchange rate shifted by +0.0694 (+7.94%).

2021 Avg (April) 0.9435
2020 Avg (April) 0.8741

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Month High Low Average
January 0.9105 0.8965 0.9068
February 0.9158 0.9045 0.9102
March 0.9366 0.9106 0.9161
April 0.9507 0.9343 0.9435
May 0.9503 0.8927 0.9264
June 0.8954 0.8528 0.8660
July 0.8693 0.8445 0.8561
August 0.8569 0.8303 0.8476
September 0.8589 0.8414 0.8513
October 0.8651 0.8526 0.8603
November 0.8693 0.8488 0.8611
December 0.8583 0.8432 0.8506