2021 GEL to MRO Historical Review

YEARLY HIGH

116.1279 MRO

YEARLY LOW

0.3226 MRO

YEARLY AVERAGE

108.3121 MRO

2021 GEL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 116.1279. Conversely, the yearly low was recorded on December 29, dropping to 0.3226.

This high-to-low spread represents a total annual volatility of 115.8054 MRO. From a start-to-finish perspective, comparing the January average rate of 108.0853 to the December average rate of 81.7566, the exchange rate registered a net change of -24.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 116.1279 was down 9.57% compared to the 2020 peak of 128.4173, 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 580,640 MRO

2020 Average 574,880 MRO

Yearly Trough Low 1,613 MRO

Transaction Impact: A difference of 579,026.82 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

118.4760

78.4184

JanuMarcMayJulySeptNove

GEL to MRO 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 107.6348, compared to 108.9895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3547 points.

H1 Avg (Jan–Jun) 107.6348

H2 Avg (Jul–Dec) 108.9895

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 115.3986 MRO (High: 115.7212 / Low: 0.3226). On the other end, September was the most stable month, with a tight range of 0.4623 MRO (High: 115.1612 / Low: 114.6989).

December Spread (Volatile) ±115.3986

September Spread (Stable) ±0.4623

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 November and December, when the average rate fell by 32.0794 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -32.0794

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 115.1379) against the same month in 2020 (average: 115.4943), the exchange rate shifted by -0.3564 (-0.31%).

2021 Avg (August) 115.1379

2020 Avg (August) 115.4943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	108.8330	107.6923	108.0853
February	108.3459	107.0731	107.7234
March	107.5301	104.6920	107.0037
April	104.9260	103.1791	103.9367
May	109.5091	103.1791	105.8647
June	114.9758	109.5091	113.1950
July	116.1081	112.7962	114.3801
August	116.1279	114.4230	115.1379
September	115.1612	114.6989	114.8791
October	114.7909	113.3333	113.9473
November	115.3473	112.7962	113.8360
December	115.7212	0.3226	81.7566

2021 GEL నుండి MRO చారిత్రక సమీక్ష