YEARLY HIGH
3.8265 BWP
YEARLY LOW
3.1216 BWP
YEARLY AVERAGE
3.4518 BWP

2021 GEL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 3.8265. Conversely, the yearly low was recorded on April 25, dropping to 3.1216.

This high-to-low spread represents a total annual volatility of 0.7050 BWP. From a start-to-finish perspective, comparing the January average rate of 3.3223 to the December average rate of 3.7862, the exchange rate registered a net change of 13.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.8265 was down 7.00% compared to the 2020 peak of 4.1144, 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 19,133 BWP
2020 Average 18,417 BWP
Yearly Trough Low 15,608 BWP
Transaction Impact: A difference of 3,524.79 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.8477
3.1099
JanuMarcMayJulySeptNove

GEL to BWP 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 3.2797, compared to 3.6239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3442 points.

H1 Avg (Jan–Jun) 3.2797
H2 Avg (Jul–Dec) 3.6239

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2342 BWP (High: 3.8218 / Low: 3.5877). On the other end, February was the most stable month, with a tight range of 0.0646 BWP (High: 3.3170 / Low: 3.2524).

November Spread (Volatile) ±0.2342
February Spread (Stable) ±0.0646

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 0.1410 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.7862) against the same month in 2020 (average: 3.3069), the exchange rate shifted by +0.4792 (+14.49%).

2021 Avg (December) 3.7862
2020 Avg (December) 3.3069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3569 3.2686 3.3223
February 3.3170 3.2524 3.2873
March 3.3699 3.2583 3.3124
April 3.2390 3.1216 3.1714
May 3.2660 3.1233 3.1862
June 3.4668 3.2600 3.3986
July 3.6142 3.4231 3.5248
August 3.6439 3.5317 3.5928
September 3.6457 3.5037 3.5634
October 3.6346 3.5460 3.5908
November 3.8218 3.5877 3.6854
December 3.8265 3.7350 3.7862