YEARLY HIGH
0.0043 GEL
YEARLY LOW
0.0026 GEL
YEARLY AVERAGE
0.0032 GEL

2022 MWK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MWK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0043. Conversely, the yearly low was recorded on December 18, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0017 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0026, the exchange rate registered a net change of -30.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0043 was down 2.70% compared to the 2021 peak of 0.0044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 GEL
2021 Average 20 GEL
Yearly Trough Low 13 GEL
Transaction Impact: A difference of 8.53 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0041
0.0025
JanuMarcMayJulySeptNove

MWK 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 0.0036, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0036
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0009 GEL (High: 0.0037 / Low: 0.0028). On the other end, October was the most stable month, with a tight range of 0.0001 GEL (High: 0.0028 / Low: 0.0027).

June Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0040) against the same month in 2021 (average: 0.0043), the exchange rate shifted by -0.0003 (-6.68%).

2022 Avg (March) 0.0040
2021 Avg (March) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0037 0.0038
February 0.0040 0.0036 0.0037
March 0.0043 0.0038 0.0040
April 0.0038 0.0037 0.0038
May 0.0037 0.0035 0.0036
June 0.0037 0.0028 0.0030
July 0.0029 0.0027 0.0029
August 0.0028 0.0026 0.0027
September 0.0029 0.0027 0.0028
October 0.0028 0.0027 0.0027
November 0.0027 0.0026 0.0027
December 0.0026 0.0026 0.0026