YEARLY HIGH
0.0677 GEL
YEARLY LOW
0.0584 GEL
YEARLY AVERAGE
0.0625 GEL

2021 GMD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0677. Conversely, the yearly low was recorded on December 19, dropping to 0.0584.

This high-to-low spread represents a total annual volatility of 0.0093 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0639 to the December average rate of 0.0590, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0677 was down 0.44% compared to the 2020 peak of 0.0680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 338 GEL
2020 Average 302 GEL
Yearly Trough Low 292 GEL
Transaction Impact: A difference of 46.64 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0680
0.0581
JanuMarcMayJulySeptNove

GMD to GEL 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 0.0647, compared to 0.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.0647
H2 Avg (Jul–Dec) 0.0603

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0039 GEL (High: 0.0676 / Low: 0.0637). On the other end, August was the most stable month, with a tight range of 0.0009 GEL (High: 0.0610 / Low: 0.0601).

May Spread (Volatile) ±0.0039
August Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0672) against the same month in 2020 (average: 0.0624), the exchange rate shifted by +0.0047 (+7.60%).

2021 Avg (April) 0.0672
2020 Avg (April) 0.0624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0644 0.0634 0.0639
February 0.0651 0.0641 0.0644
March 0.0665 0.0646 0.0650
April 0.0677 0.0664 0.0672
May 0.0676 0.0637 0.0659
June 0.0637 0.0607 0.0617
July 0.0619 0.0601 0.0610
August 0.0610 0.0601 0.0606
September 0.0608 0.0596 0.0604
October 0.0610 0.0601 0.0604
November 0.0609 0.0590 0.0601
December 0.0596 0.0584 0.0590