2021 GEL to PEN Historical Review

YEARLY HIGH

1.3307 PEN

YEARLY LOW

1.0509 PEN

YEARLY AVERAGE

1.2093 PEN

2021 GEL to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 1.3307. Conversely, the yearly low was recorded on April 11, dropping to 1.0509.

This high-to-low spread represents a total annual volatility of 0.2798 PEN. From a start-to-finish perspective, comparing the January average rate of 1.0982 to the December average rate of 1.3057, the exchange rate registered a net change of 18.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3307 was up 5.06% compared to the 2020 peak of 1.2666, 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 6,654 PEN

2020 Average 5,623 PEN

Yearly Trough Low 5,254 PEN

Transaction Impact: A difference of 1,399.23 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3467

1.0496

JanuMarcMayJulySeptNove

GEL to PEN 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 1.1238, compared to 1.2948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1710 points.

H1 Avg (Jan–Jun) 1.1238

H2 Avg (Jul–Dec) 1.2948

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1071 PEN (High: 1.1770 / Low: 1.0699). On the other end, February was the most stable month, with a tight range of 0.0127 PEN (High: 1.1066 / Low: 1.0940).

May Spread (Volatile) ±0.1071

February Spread (Stable) ±0.0127

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 September and October, when the average rate fell by 0.0392 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1.2827) against the same month in 2020 (average: 1.1149), the exchange rate shifted by +0.1678 (+15.05%).

2021 Avg (October) 1.2827

2020 Avg (October) 1.1149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1090	1.0909	1.0982
February	1.1066	1.0940	1.1001
March	1.1181	1.0982	1.1111
April	1.1054	1.0509	1.0744
May	1.1770	1.0699	1.1180
June	1.2714	1.1803	1.2409
July	1.2831	1.2257	1.2614
August	1.3262	1.2760	1.3152
September	1.3294	1.3159	1.3219
October	1.3307	1.2522	1.2827
November	1.3068	1.2623	1.2816
December	1.3195	1.2791	1.3057

2021 GEL నుండి PEN చారిత్రక సమీక్ష