2021 PGK to GEL Historical Review

YEARLY HIGH

0.9814 GEL

YEARLY LOW

0.8678 GEL

YEARLY AVERAGE

0.9118 GEL

2021 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.9814. Conversely, the yearly low was recorded on December 19, dropping to 0.8678.

This high-to-low spread represents a total annual volatility of 0.1136 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9349 to the December average rate of 0.8774, the exchange rate registered a net change of -6.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9814 was down 2.17% compared to the 2020 peak of 1.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,907 GEL

2020 Average 4,488 GEL

Yearly Trough Low 4,339 GEL

Transaction Impact: A difference of 567.94 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9800

0.8681

JanuMarcMayJulySeptNove

PGK 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 0.9396, compared to 0.8840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0556 points.

H1 Avg (Jan–Jun) 0.9396

H2 Avg (Jul–Dec) 0.8840

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0622 GEL (High: 0.9814 / Low: 0.9191). On the other end, September was the most stable month, with a tight range of 0.0135 GEL (High: 0.8865 / Low: 0.8730).

May Spread (Volatile) ±0.0622

September Spread (Stable) ±0.0135

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 0.0611 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.9559) against the same month in 2020 (average: 0.9245), the exchange rate shifted by +0.0314 (+3.40%).

2021 Avg (May) 0.9559

2020 Avg (May) 0.9245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9417	0.9179	0.9349
February	0.9449	0.9261	0.9368
March	0.9658	0.9349	0.9447
April	0.9804	0.9568	0.9706
May	0.9814	0.9191	0.9559
June	0.9264	0.8784	0.8948
July	0.9009	0.8695	0.8885
August	0.8871	0.8693	0.8779
September	0.8865	0.8730	0.8821
October	0.8947	0.8787	0.8884
November	0.8996	0.8747	0.8899
December	0.8878	0.8678	0.8774