YEARLY HIGH
2.6375 SBD
YEARLY LOW
2.3002 SBD
YEARLY AVERAGE
2.4971 SBD

2021 GEL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 2.6375. Conversely, the yearly low was recorded on May 2, dropping to 2.3002.

This high-to-low spread represents a total annual volatility of 0.3373 SBD. From a start-to-finish perspective, comparing the January average rate of 2.4235 to the December average rate of 2.6118, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6375 was down 13.83% compared to the 2020 peak of 3.0610, 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 13,188 SBD
2020 Average 13,261 SBD
Yearly Trough Low 11,501 SBD
Transaction Impact: A difference of 1,686.67 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6405
2.2958
JanuMarcMayJulySeptNove

GEL to SBD 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 2.4088, compared to 2.5853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1765 points.

H1 Avg (Jan–Jun) 2.4088
H2 Avg (Jul–Dec) 2.5853

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1450 SBD (High: 2.4452 / Low: 2.3002). On the other end, September was the most stable month, with a tight range of 0.0092 SBD (High: 2.5981 / Low: 2.5889).

May Spread (Volatile) ±0.1450
September Spread (Stable) ±0.0092

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 0.0662 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.6118) against the same month in 2020 (average: 2.4413), the exchange rate shifted by +0.1705 (+6.98%).

2021 Avg (December) 2.6118
2020 Avg (December) 2.4413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4459 2.4113 2.4235
February 2.4332 2.3948 2.4152
March 2.4561 2.3405 2.3908
April 2.3476 2.3006 2.3246
May 2.4452 2.3002 2.3634
June 2.5693 2.4471 2.5356
July 2.6197 2.5368 2.5759
August 2.6202 2.5827 2.5973
September 2.5981 2.5889 2.5930
October 2.5921 2.5479 2.5696
November 2.6057 2.5358 2.5643
December 2.6375 2.5828 2.6118