2021 GEL to BOB Historical Review

YEARLY HIGH

2.2506 BOB

YEARLY LOW

1.9949 BOB

YEARLY AVERAGE

2.1485 BOB

2021 GEL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.2506. Conversely, the yearly low was recorded on April 25, dropping to 1.9949.

This high-to-low spread represents a total annual volatility of 0.2557 BOB. From a start-to-finish perspective, comparing the January average rate of 2.0861 to the December average rate of 2.2280, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2506 was down 9.56% compared to the 2020 peak of 2.4884, 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 11,253 BOB

2020 Average 11,116 BOB

Yearly Trough Low 9,974 BOB

Transaction Impact: A difference of 1,278.47 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2498

1.9885

JanuMarcMayJulySeptNove

GEL to BOB 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 2.0818, compared to 2.2151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1333 points.

H1 Avg (Jan–Jun) 2.0818

H2 Avg (Jul–Dec) 2.2151

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1233 BOB (High: 2.1183 / Low: 1.9950). On the other end, September was the most stable month, with a tight range of 0.0100 BOB (High: 2.2251 / Low: 2.2151).

May Spread (Volatile) ±0.1233

September Spread (Stable) ±0.0100

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 0.0600 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.2280) against the same month in 2020 (average: 2.0928), the exchange rate shifted by +0.1352 (+6.46%).

2021 Avg (December) 2.2280

2020 Avg (December) 2.0928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1093	2.0756	2.0861
February	2.0997	2.0674	2.0846
March	2.0803	2.0263	2.0702
April	2.0294	1.9949	2.0102
May	2.1183	1.9950	2.0463
June	2.2299	2.1153	2.1935
July	2.2456	2.1834	2.2114
August	2.2458	2.2099	2.2262
September	2.2251	2.2151	2.2212
October	2.2198	2.1885	2.2036
November	2.2312	2.1795	2.2003
December	2.2506	2.2057	2.2280

2021 GEL నుండి BOB చారిత్రక సమీక్ష