2022 MVR to GEL Historical Review

YEARLY HIGH

0.2230 GEL

YEARLY LOW

0.1718 GEL

YEARLY AVERAGE

0.1890 GEL

2022 MVR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.2230. Conversely, the yearly low was recorded on December 22, dropping to 0.1718.

This high-to-low spread represents a total annual volatility of 0.0512 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1992 to the December average rate of 0.1741, the exchange rate registered a net change of -12.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2230 was down 0.93% compared to the 2021 peak of 0.2251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,115 GEL

2021 Average 1,042 GEL

Yearly Trough Low 859 GEL

Transaction Impact: A difference of 255.89 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2124

0.1706

JanuMarcMayJulySeptNove

MVR 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: Jan–Jun) was 0.1972, compared to 0.1808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.1972

H2 Avg (Jul–Dec) 0.1808

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0220 GEL (High: 0.2230 / Low: 0.2010). On the other end, January was the most stable month, with a tight range of 0.0039 GEL (High: 0.2010 / Low: 0.1971).

March Spread (Volatile) ±0.0220

January Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0109 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2089) against the same month in 2021 (average: 0.2161), the exchange rate shifted by -0.0072 (-3.33%).

2022 Avg (March) 0.2089

2021 Avg (March) 0.2161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2010	0.1971	0.1992
February	0.2052	0.1892	0.1942
March	0.2230	0.2010	0.2089
April	0.2005	0.1961	0.1980
May	0.1971	0.1840	0.1922
June	0.1946	0.1838	0.1907
July	0.1916	0.1801	0.1898
August	0.1886	0.1759	0.1804
September	0.1929	0.1818	0.1841
October	0.1828	0.1779	0.1799
November	0.1783	0.1744	0.1766
December	0.1771	0.1718	0.1741