YEARLY HIGH
3527.8451 UZS
YEARLY LOW
3044.8625 UZS
YEARLY AVERAGE
3303.0976 UZS

2021 GEL to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 3527.8451. Conversely, the yearly low was recorded on April 21, dropping to 3044.8625.

This high-to-low spread represents a total annual volatility of 482.9825 UZS. From a start-to-finish perspective, comparing the January average rate of 3174.2960 to the December average rate of 3490.5388, the exchange rate registered a net change of 9.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3527.8451 was up 2.56% compared to the 2020 peak of 3439.6563, 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 17,639,225 UZS
2020 Average 16,167,882 UZS
Yearly Trough Low 15,224,313 UZS
Transaction Impact: A difference of 2,414,912.69 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3533.8126
3014.5266
JanuMarcMayJulySeptNove

GEL to UZS 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 3173.3326, compared to 3432.8627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 259.5301 points.

H1 Avg (Jan–Jun) 3173.3326
H2 Avg (Jul–Dec) 3432.8627

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 207.3167 UZS (High: 3253.2057 / Low: 3045.8890). On the other end, September was the most stable month, with a tight range of 18.5758 UZS (High: 3445.6032 / Low: 3427.0274).

May Spread (Volatile) ±207.3167
September Spread (Stable) ±18.5758

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 March and April, when the average rate fell by 88.8110 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -88.8110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3490.5388) against the same month in 2020 (average: 3172.2798), the exchange rate shifted by +318.2590 (+10.03%).

2021 Avg (December) 3490.5388
2020 Avg (December) 3172.2798

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3209.7176 3160.1208 3174.2960
February 3200.4233 3155.9550 3177.8635
March 3164.0832 3072.9462 3146.6115
April 3079.8664 3044.8625 3057.8004
May 3253.2057 3045.8890 3130.0134
June 3397.7456 3239.1928 3353.4107
July 3456.4853 3343.1506 3401.0068
August 3465.4069 3410.2792 3434.2799
September 3445.6032 3427.0274 3436.3627
October 3440.5145 3391.1687 3412.0309
November 3484.1357 3375.5833 3422.9569
December 3527.8451 3446.9158 3490.5388