2022 QAR to GEL Historical Review

YEARLY HIGH

0.9462 GEL

YEARLY LOW

0.7235 GEL

YEARLY AVERAGE

0.8001 GEL

2022 QAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.9462. Conversely, the yearly low was recorded on December 13, dropping to 0.7235.

This high-to-low spread represents a total annual volatility of 0.2226 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8454 to the December average rate of 0.7339, the exchange rate registered a net change of -13.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9462 was down 0.47% compared to the 2021 peak of 0.9507, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,731 GEL

2021 Average 4,414 GEL

Yearly Trough Low 3,618 GEL

Transaction Impact: A difference of 1,113.24 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9015

0.7186

JanuMarcMayJulySeptNove

QAR 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 0.8362, compared to 0.7641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0721 points.

H1 Avg (Jan–Jun) 0.8362

H2 Avg (Jul–Dec) 0.7641

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0934 GEL (High: 0.9462 / Low: 0.8528). On the other end, January was the most stable month, with a tight range of 0.0146 GEL (High: 0.8509 / Low: 0.8363).

March Spread (Volatile) ±0.0934

January Spread (Stable) ±0.0146

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 0.0461 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.8862) against the same month in 2021 (average: 0.9161), the exchange rate shifted by -0.0299 (-3.26%).

2022 Avg (March) 0.8862

2021 Avg (March) 0.9161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8509	0.8363	0.8454
February	0.8709	0.8034	0.8239
March	0.9462	0.8528	0.8862
April	0.8514	0.8322	0.8401
May	0.8363	0.7800	0.8152
June	0.8253	0.7933	0.8062
July	0.8084	0.7585	0.7994
August	0.7951	0.7416	0.7610
September	0.8239	0.7731	0.7807
October	0.7759	0.7552	0.7626
November	0.7553	0.7368	0.7469
December	0.7429	0.7235	0.7339