YEARLY HIGH
0.8448 GEL
YEARLY LOW
0.7276 GEL
YEARLY AVERAGE
0.7770 GEL

2021 MYR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.8448. Conversely, the yearly low was recorded on August 2, dropping to 0.7276.

This high-to-low spread represents a total annual volatility of 0.1172 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8178 to the December average rate of 0.7353, the exchange rate registered a net change of -10.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8448 was up 2.42% compared to the 2020 peak of 0.8249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 16,897 GEL
2020 Average 14,831 GEL
Yearly Trough Low 14,552 GEL
Transaction Impact: A difference of 2,344.20 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8428
0.7250
JanuMarcMayJulySeptNove

MYR 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 0.8103, compared to 0.7437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0667 points.

H1 Avg (Jan–Jun) 0.8103
H2 Avg (Jul–Dec) 0.7437

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0579 GEL (High: 0.8448 / Low: 0.7870). On the other end, February was the most stable month, with a tight range of 0.0080 GEL (High: 0.8231 / Low: 0.8151).

May Spread (Volatile) ±0.0579
February Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between August and October, 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 0.0547 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.8330) against the same month in 2020 (average: 0.7318), the exchange rate shifted by +0.1012 (+13.83%).

2021 Avg (April) 0.8330
2020 Avg (April) 0.7318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8253 0.8110 0.8178
February 0.8231 0.8151 0.8188
March 0.8215 0.8044 0.8116
April 0.8448 0.8223 0.8330
May 0.8448 0.7870 0.8177
June 0.7903 0.7531 0.7631
July 0.7610 0.7283 0.7430
August 0.7491 0.7276 0.7348
September 0.7524 0.7406 0.7460
October 0.7607 0.7429 0.7526
November 0.7624 0.7301 0.7503
December 0.7415 0.7311 0.7353