2022 NPR to GEL Historical Review

YEARLY HIGH

0.0281 GEL

YEARLY LOW

0.0199 GEL

YEARLY AVERAGE

0.0233 GEL

2022 NPR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0281. Conversely, the yearly low was recorded on December 18, dropping to 0.0199.

This high-to-low spread represents a total annual volatility of 0.0081 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0259 to the December average rate of 0.0203, the exchange rate registered a net change of -21.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0281 was down 4.39% compared to the 2021 peak of 0.0294, 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 140 GEL

2021 Average 136 GEL

Yearly Trough Low 100 GEL

Transaction Impact: A difference of 40.69 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0271

0.0197

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 0.0250, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0250

H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0025 GEL (High: 0.0281 / Low: 0.0256). On the other end, November was the most stable month, with a tight range of 0.0006 GEL (High: 0.0211 / Low: 0.0205).

March Spread (Volatile) ±0.0025

November Spread (Stable) ±0.0006

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 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0265) against the same month in 2021 (average: 0.0287), the exchange rate shifted by -0.0022 (-7.74%).

2022 Avg (March) 0.0265

2021 Avg (March) 0.0287

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0262	0.0254	0.0259
February	0.0265	0.0242	0.0250
March	0.0281	0.0256	0.0265
April	0.0257	0.0247	0.0251
May	0.0249	0.0229	0.0240
June	0.0242	0.0231	0.0235
July	0.0233	0.0217	0.0230
August	0.0228	0.0212	0.0218
September	0.0234	0.0216	0.0222
October	0.0217	0.0208	0.0211
November	0.0211	0.0205	0.0208
December	0.0208	0.0199	0.0203