2022 MZN to GEL Historical Review

YEARLY HIGH

0.0540 GEL

YEARLY LOW

0.0415 GEL

YEARLY AVERAGE

0.0457 GEL

2022 MZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0540. Conversely, the yearly low was recorded on December 21, dropping to 0.0415.

This high-to-low spread represents a total annual volatility of 0.0125 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0482 to the December average rate of 0.0419, the exchange rate registered a net change of -13.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0540 was down 13.19% compared to the 2021 peak of 0.0622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 270 GEL

2021 Average 247 GEL

Yearly Trough Low 207 GEL

Transaction Impact: A difference of 62.45 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0514

0.0410

JanuMarcMayJulySeptNove

MZN 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 0.0477, compared to 0.0436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0477

H2 Avg (Jul–Dec) 0.0436

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0053 GEL (High: 0.0540 / Low: 0.0486). On the other end, January was the most stable month, with a tight range of 0.0008 GEL (High: 0.0485 / Low: 0.0477).

March Spread (Volatile) ±0.0053

January Spread (Stable) ±0.0008

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 0.0026 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0505) against the same month in 2021 (average: 0.0459), the exchange rate shifted by +0.0046 (+10.11%).

2022 Avg (March) 0.0505

2021 Avg (March) 0.0459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0485	0.0477	0.0482
February	0.0497	0.0458	0.0470
March	0.0540	0.0486	0.0505
April	0.0485	0.0475	0.0479
May	0.0477	0.0445	0.0465
June	0.0470	0.0452	0.0460
July	0.0461	0.0433	0.0458
August	0.0453	0.0423	0.0434
September	0.0469	0.0441	0.0445
October	0.0442	0.0430	0.0435
November	0.0430	0.0420	0.0426
December	0.0424	0.0415	0.0419