YEARLY HIGH
0.0986 KWD
YEARLY LOW
0.0870 KWD
YEARLY AVERAGE
0.0939 KWD

2021 GEL to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0986. Conversely, the yearly low was recorded on May 1, dropping to 0.0870.

This high-to-low spread represents a total annual volatility of 0.0115 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0918 to the December average rate of 0.0978, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0986 was down 11.01% compared to the 2020 peak of 0.1107, 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 493 KWD
2020 Average 494 KWD
Yearly Trough Low 435 KWD
Transaction Impact: A difference of 57.61 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0988
0.0868
JanuMarcMayJulySeptNove

GEL to KWD 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 0.0910, compared to 0.0968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0910
H2 Avg (Jul–Dec) 0.0968

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0053 KWD (High: 0.0923 / Low: 0.0870). On the other end, September was the most stable month, with a tight range of 0.0004 KWD (High: 0.0970 / Low: 0.0965).

May Spread (Volatile) ±0.0053
September Spread (Stable) ±0.0004

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 0.0028 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0978) against the same month in 2020 (average: 0.0926), the exchange rate shifted by +0.0052 (+5.63%).

2021 Avg (December) 0.0978
2020 Avg (December) 0.0926

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0927 0.0913 0.0918
February 0.0918 0.0908 0.0913
March 0.0912 0.0886 0.0906
April 0.0887 0.0870 0.0878
May 0.0923 0.0870 0.0892
June 0.0969 0.0923 0.0954
July 0.0977 0.0952 0.0964
August 0.0977 0.0964 0.0970
September 0.0970 0.0965 0.0968
October 0.0969 0.0957 0.0963
November 0.0978 0.0953 0.0964
December 0.0986 0.0968 0.0978