YEARLY HIGH
142.9486 KZT
YEARLY LOW
123.6175 KZT
YEARLY AVERAGE
132.7982 KZT

2021 GEL to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 142.9486. Conversely, the yearly low was recorded on May 9, dropping to 123.6175.

This high-to-low spread represents a total annual volatility of 19.3311 KZT. From a start-to-finish perspective, comparing the January average rate of 127.4335 to the December average rate of 141.0100, the exchange rate registered a net change of 10.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 142.9486 was down 8.37% compared to the 2020 peak of 156.0064, 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 714,743 KZT
2020 Average 665,316 KZT
Yearly Trough Low 618,088 KZT
Transaction Impact: A difference of 96,655.51 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

142.5895
123.6356
JanuMarcMayJulySeptNove

GEL to KZT 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 127.9370, compared to 137.6595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.7225 points.

H1 Avg (Jan–Jun) 127.9370
H2 Avg (Jul–Dec) 137.6595

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 7.8109 KZT (High: 131.4284 / Low: 123.6175). On the other end, September was the most stable month, with a tight range of 0.9252 KZT (High: 137.5137 / Low: 136.5885).

May Spread (Volatile) ±7.8109
September Spread (Stable) ±0.9252

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 September and October, when the average rate fell by 1.0488 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.0488

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 141.0100) against the same month in 2020 (average: 127.7817), the exchange rate shifted by +13.2283 (+10.35%).

2021 Avg (December) 141.0100
2020 Avg (December) 127.7817

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 129.1148 126.5543 127.4335
February 128.1847 124.8291 126.4068
March 126.7426 124.6446 126.0991
April 127.4747 124.1363 125.2151
May 131.4284 123.6175 126.9256
June 137.7715 131.3089 135.5418
July 139.1368 134.8451 136.7781
August 138.3594 136.3657 137.3979
September 137.5137 136.5885 137.0424
October 137.1764 134.9960 135.9936
November 141.2245 135.1010 137.7351
December 142.9486 139.5539 141.0100