2021 NPR to GEL Historical Review

YEARLY HIGH

0.0294 GEL

YEARLY LOW

0.0253 GEL

YEARLY AVERAGE

0.0272 GEL

2021 NPR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.0294. Conversely, the yearly low was recorded on December 15, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0040 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0282 to the December average rate of 0.0257, the exchange rate registered a net change of -8.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0294 was up 2.36% compared to the 2020 peak of 0.0287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147 GEL

2020 Average 131 GEL

Yearly Trough Low 127 GEL

Transaction Impact: A difference of 20.11 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0292

0.0254

JanuMarcMayJulySeptNove

NPR 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 0.0283, compared to 0.0262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0283

H2 Avg (Jul–Dec) 0.0262

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0015 GEL (High: 0.0279 / Low: 0.0264). On the other end, September was the most stable month, with a tight range of 0.0004 GEL (High: 0.0266 / Low: 0.0262).

June Spread (Volatile) ±0.0015

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0288) against the same month in 2020 (average: 0.0265), the exchange rate shifted by +0.0023 (+8.75%).

2021 Avg (May) 0.0288

2020 Avg (May) 0.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0285	0.0279	0.0282
February	0.0288	0.0283	0.0285
March	0.0291	0.0283	0.0287
April	0.0292	0.0284	0.0289
May	0.0294	0.0280	0.0288
June	0.0279	0.0264	0.0268
July	0.0266	0.0258	0.0262
August	0.0267	0.0258	0.0261
September	0.0266	0.0262	0.0264
October	0.0264	0.0259	0.0262
November	0.0267	0.0258	0.0263
December	0.0261	0.0253	0.0257