YEARLY HIGH
386.3381 KRW
YEARLY LOW
321.0522 KRW
YEARLY AVERAGE
356.5229 KRW

2021 GEL to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 386.3381. Conversely, the yearly low was recorded on April 29, dropping to 321.0522.

This high-to-low spread represents a total annual volatility of 65.2859 KRW. From a start-to-finish perspective, comparing the January average rate of 332.9766 to the December average rate of 382.4365, the exchange rate registered a net change of 14.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 386.3381 was down 12.58% compared to the 2020 peak of 441.9480, 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 1,931,690 KRW
2020 Average 1,900,444 KRW
Yearly Trough Low 1,605,261 KRW
Transaction Impact: A difference of 326,429.63 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

388.1059
320.0737
JanuMarcMayJulySeptNove

GEL to KRW 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 336.9561, compared to 376.0897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.1336 points.

H1 Avg (Jan–Jun) 336.9561
H2 Avg (Jul–Dec) 376.0897

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 21.0785 KRW (High: 361.0205 / Low: 339.9421). On the other end, February was the most stable month, with a tight range of 5.2842 KRW (High: 338.3068 / Low: 333.0226).

June Spread (Volatile) ±21.0785
February Spread (Stable) ±5.2842

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 13.0257 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -13.0257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 378.2897) against the same month in 2020 (average: 336.1067), the exchange rate shifted by +42.1830 (+12.55%).

2021 Avg (November) 378.2897
2020 Avg (November) 336.1067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 338.9242 328.6858 332.9766
February 338.3068 333.0226 335.5330
March 342.7117 331.0869 338.7687
April 330.1342 321.0522 325.7430
May 342.4909 323.0515 332.6704
June 361.0205 339.9421 356.0451
July 374.6455 358.3015 366.7519
August 379.5009 369.9613 374.3047
September 382.3905 371.9172 377.4388
October 382.9058 370.9109 377.3168
November 386.3381 372.0567 378.2897
December 386.1564 376.7040 382.4365