2022 PGK to GEL Historical Review

YEARLY HIGH

0.9766 GEL

YEARLY LOW

0.7400 GEL

YEARLY AVERAGE

0.8266 GEL

2022 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.9766. Conversely, the yearly low was recorded on December 18, dropping to 0.7400.

This high-to-low spread represents a total annual volatility of 0.2366 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8736 to the December average rate of 0.7587, the exchange rate registered a net change of -13.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9766 was down 0.48% compared to the 2021 peak of 0.9814, 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 4,883 GEL

2021 Average 4,558 GEL

Yearly Trough Low 3,700 GEL

Transaction Impact: A difference of 1,182.84 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9323

0.7429

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 0.8636, compared to 0.7896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0739 points.

H1 Avg (Jan–Jun) 0.8636

H2 Avg (Jul–Dec) 0.7896

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0946 GEL (High: 0.9766 / Low: 0.8820). On the other end, January was the most stable month, with a tight range of 0.0216 GEL (High: 0.8839 / Low: 0.8623).

March Spread (Volatile) ±0.0946

January Spread (Stable) ±0.0216

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 0.0476 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.9165) against the same month in 2021 (average: 0.9447), the exchange rate shifted by -0.0282 (-2.98%).

2022 Avg (March) 0.9165

2021 Avg (March) 0.9447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8839	0.8623	0.8736
February	0.9018	0.8240	0.8525
March	0.9766	0.8820	0.9165
April	0.8819	0.8580	0.8689
May	0.8675	0.8047	0.8418
June	0.8467	0.8110	0.8279
July	0.8347	0.7847	0.8240
August	0.8230	0.7651	0.7864
September	0.8518	0.7895	0.8073
October	0.8026	0.7805	0.7885
November	0.7853	0.7621	0.7729
December	0.7696	0.7400	0.7587