YEARLY HIGH
0.8237 GEL
YEARLY LOW
0.5753 GEL
YEARLY AVERAGE
0.6648 GEL

2022 MYR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MYR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.8237. Conversely, the yearly low was recorded on November 8, dropping to 0.5753.

This high-to-low spread represents a total annual volatility of 0.2484 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7348 to the December average rate of 0.6064, the exchange rate registered a net change of -17.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8237 was down 2.50% compared to the 2021 peak of 0.8448, 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 16,473 GEL
2021 Average 15,534 GEL
Yearly Trough Low 11,506 GEL
Transaction Impact: A difference of 4,967.01 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7865
0.5725
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 0.7138, compared to 0.6157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0981 points.

H1 Avg (Jan–Jun) 0.7138
H2 Avg (Jul–Dec) 0.6157

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0852 GEL (High: 0.8237 / Low: 0.7384). On the other end, January was the most stable month, with a tight range of 0.0147 GEL (High: 0.7414 / Low: 0.7267).

March Spread (Volatile) ±0.0852
January Spread (Stable) ±0.0147

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 0.0514 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.7687) against the same month in 2021 (average: 0.8116), the exchange rate shifted by -0.0430 (-5.30%).

2022 Avg (March) 0.7687
2021 Avg (March) 0.8116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7414 0.7267 0.7348
February 0.7548 0.6989 0.7165
March 0.8237 0.7384 0.7687
April 0.7361 0.6954 0.7173
May 0.6994 0.6457 0.6777
June 0.6857 0.6571 0.6682
July 0.6672 0.6210 0.6585
August 0.6469 0.6069 0.6207
September 0.6590 0.6092 0.6265
October 0.6092 0.5825 0.5921
November 0.6083 0.5753 0.5903
December 0.6165 0.5972 0.6064