YEARLY HIGH
818.4039 SYP
YEARLY LOW
153.7573 SYP
YEARLY AVERAGE
387.8125 SYP

2021 GEL to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 818.4039. Conversely, the yearly low was recorded on March 18, dropping to 153.7573.

This high-to-low spread represents a total annual volatility of 664.6466 SYP. From a start-to-finish perspective, comparing the January average rate of 155.2732 to the December average rate of 811.2587, the exchange rate registered a net change of 422.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 818.4039 was up 341.72% compared to the 2020 peak of 185.2786, 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 4,092,020 SYP
2020 Average 826,556 SYP
Yearly Trough Low 768,786 SYP
Transaction Impact: A difference of 3,323,233.08 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

876.9116
89.0774
JanuMarcMayJulySeptNove

GEL to SYP 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 277.6536, compared to 497.9715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 220.3179 points.

H1 Avg (Jan–Jun) 277.6536
H2 Avg (Jul–Dec) 497.9715

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 414.5818 SYP (High: 811.7932 / Low: 397.2114). On the other end, September was the most stable month, with a tight range of 1.5842 SYP (High: 405.6708 / Low: 404.0866).

November Spread (Volatile) ±414.5818
September Spread (Stable) ±1.5842

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.3668 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -3.3668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 811.2587) against the same month in 2020 (average: 155.6930), the exchange rate shifted by +655.5658 (+421.06%).

2021 Avg (December) 811.2587
2020 Avg (December) 155.6930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 156.2921 154.6935 155.2732
February 155.6319 153.7976 154.7303
March 376.5427 153.7573 218.0242
April 369.6623 363.5084 366.1429
May 385.8247 363.4670 372.9393
June 405.0226 385.7582 398.8116
July 408.9484 397.4209 402.9258
August 409.0173 403.0581 405.6009
September 405.6708 404.0866 404.6657
October 404.3353 399.0997 401.2989
November 811.7932 397.2114 562.0786
December 818.4039 804.0000 811.2587