YEARLY HIGH
189.1209 XOF
YEARLY LOW
156.4614 XOF
YEARLY AVERAGE
172.7376 XOF

2021 GEL to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 189.1209. Conversely, the yearly low was recorded on April 28, dropping to 156.4614.

This high-to-low spread represents a total annual volatility of 32.6595 XOF. From a start-to-finish perspective, comparing the January average rate of 163.2334 to the December average rate of 187.3444, the exchange rate registered a net change of 14.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 189.1209 was down 12.80% compared to the 2020 peak of 216.8741, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 945,605 XOF
2020 Average 927,208 XOF
Yearly Trough Low 782,307 XOF
Transaction Impact: A difference of 163,297.65 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

190.1118
156.9033
JanuMarcMayJulySeptNove

GEL to XOF 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 164.1274, compared to 181.3477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.2203 points.

H1 Avg (Jan–Jun) 164.1274
H2 Avg (Jul–Dec) 181.3477

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 10.7201 XOF (High: 175.4132 / Low: 164.6931). On the other end, August was the most stable month, with a tight range of 2.5577 XOF (High: 180.7989 / Low: 178.2412).

June Spread (Volatile) ±10.7201
August Spread (Stable) ±2.5577

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 5.5631 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.5631

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 187.3444) against the same month in 2020 (average: 163.5859), the exchange rate shifted by +23.7585 (+14.52%).

2021 Avg (December) 187.3444
2020 Avg (December) 163.5859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 164.7329 160.6153 163.2334
February 165.3447 162.1040 163.6614
March 166.2704 163.2433 165.2337
April 162.8671 156.4614 159.6706
May 165.0711 156.7716 160.1339
June 175.4132 164.6931 172.8314
July 180.7525 174.9594 177.6964
August 180.7989 178.2412 179.7485
September 182.2270 177.8520 179.3226
October 181.9213 178.2518 180.5382
November 188.2656 178.6733 183.4363
December 189.1209 185.4451 187.3444