YEARLY HIGH
24.4204 RUB
YEARLY LOW
21.4300 RUB
YEARLY AVERAGE
22.9302 RUB

2021 GEL to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 24.4204. Conversely, the yearly low was recorded on May 8, dropping to 21.4300.

This high-to-low spread represents a total annual volatility of 2.9905 RUB. From a start-to-finish perspective, comparing the January average rate of 22.5523 to the December average rate of 23.8463, the exchange rate registered a net change of 5.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.4204 was down 8.91% compared to the 2020 peak of 26.8097, 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 122,102 RUB
2020 Average 116,102 RUB
Yearly Trough Low 107,150 RUB
Transaction Impact: A difference of 14,952.30 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

24.0384
21.7326
JanuMarcMayJulySeptNove

GEL to RUB 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 22.4022, compared to 23.4583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0561 points.

H1 Avg (Jan–Jun) 22.4022
H2 Avg (Jul–Dec) 23.4583

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.9635 RUB (High: 24.4204 / Low: 22.4570). On the other end, September was the most stable month, with a tight range of 0.3979 RUB (High: 23.6377 / Low: 23.2397).

November Spread (Volatile) ±1.9635
September Spread (Stable) ±0.3979

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6930 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 23.2748) against the same month in 2020 (average: 23.1652), the exchange rate shifted by +0.1096 (+0.47%).

2021 Avg (November) 23.2748
2020 Avg (November) 23.1652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.0586 22.1881 22.5523
February 23.0296 22.1125 22.4320
March 22.9537 21.8858 22.3401
April 22.7407 21.5335 22.1509
May 22.5687 21.4300 21.9248
June 23.5908 22.4479 23.0131
July 24.1501 23.2000 23.6870
August 23.9166 23.4771 23.7229
September 23.6377 23.2397 23.4558
October 23.4019 22.1302 22.7628
November 24.4204 22.4570 23.2748
December 24.1653 23.6072 23.8463