2022 SAR to GEL Historical Review

YEARLY HIGH

0.9182 GEL

YEARLY LOW

0.7045 GEL

YEARLY AVERAGE

0.7765 GEL

2022 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.9182. Conversely, the yearly low was recorded on December 21, dropping to 0.7045.

This high-to-low spread represents a total annual volatility of 0.2137 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8202 to the December average rate of 0.7116, the exchange rate registered a net change of -13.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9182 was down 0.48% compared to the 2021 peak of 0.9226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,591 GEL

2021 Average 4,288 GEL

Yearly Trough Low 3,523 GEL

Transaction Impact: A difference of 1,068.31 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8750

0.6967

JanuMarcMayJulySeptNove

SAR 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 0.8118, compared to 0.7411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0707 points.

H1 Avg (Jan–Jun) 0.8118

H2 Avg (Jul–Dec) 0.7411

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0905 GEL (High: 0.9182 / Low: 0.8276). On the other end, January was the most stable month, with a tight range of 0.0130 GEL (High: 0.8245 / Low: 0.8116).

March Spread (Volatile) ±0.0905

January Spread (Stable) ±0.0130

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 0.0445 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.8601) against the same month in 2021 (average: 0.8895), the exchange rate shifted by -0.0294 (-3.30%).

2022 Avg (March) 0.8601

2021 Avg (March) 0.8895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8245	0.8116	0.8202
February	0.8450	0.7797	0.7997
March	0.9182	0.8276	0.8601
April	0.8264	0.8078	0.8157
May	0.8117	0.7571	0.7915
June	0.8014	0.7702	0.7836
July	0.7836	0.7361	0.7784
August	0.7708	0.7188	0.7377
September	0.7974	0.7493	0.7561
October	0.7520	0.7318	0.7391
November	0.7317	0.7145	0.7238
December	0.7196	0.7045	0.7116