2021 GEL to ETB Historical Review

YEARLY HIGH

73.5074 ETB

YEARLY LOW

11.8466 ETB

YEARLY AVERAGE

13.8155 ETB

2021 GEL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 73.5074. Conversely, the yearly low was recorded on February 6, dropping to 11.8466.

This high-to-low spread represents a total annual volatility of 61.6608 ETB. From a start-to-finish perspective, comparing the January average rate of 11.9335 to the December average rate of 17.5612, the exchange rate registered a net change of 47.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 73.5074 was up 512.80% compared to the 2020 peak of 11.9953, 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 367,537 ETB

2020 Average 56,147 ETB

Yearly Trough Low 59,233 ETB

Transaction Impact: A difference of 308,304.15 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.1240

11.3708

JanuMarcMayJulySeptNove

GEL to ETB 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 12.4419, compared to 15.1890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7471 points.

H1 Avg (Jan–Jun) 12.4419

H2 Avg (Jul–Dec) 15.1890

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 58.1969 ETB (High: 73.5074 / Low: 15.3105). On the other end, January was the most stable month, with a tight range of 0.1773 ETB (High: 12.0576 / Low: 11.8803).

December Spread (Volatile) ±58.1969

January Spread (Stable) ±0.1773

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0131 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 17.5612) against the same month in 2020 (average: 11.7502), the exchange rate shifted by +5.8110 (+49.45%).

2021 Avg (December) 17.5612

2020 Avg (December) 11.7502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0576	11.8803	11.9335
February	12.1852	11.8466	12.0204
March	12.4290	11.9776	12.1358
April	12.2285	11.9929	12.1227
May	13.3525	12.1725	12.6468
June	13.9833	13.3023	13.7922
July	14.4232	13.8307	14.1178
August	14.6663	14.2649	14.5539
September	14.9819	14.6411	14.8229
October	15.0750	14.7034	14.9278
November	15.4891	14.9525	15.1505
December	73.5074	15.3105	17.5612

2021 GEL నుండి ETB చారిత్రక సమీక్ష