YEARLY HIGH
0.0044 GEL
YEARLY LOW
0.0038 GEL
YEARLY AVERAGE
0.0040 GEL

2021 MWK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0044. Conversely, the yearly low was recorded on December 19, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0006 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0038, the exchange rate registered a net change of -11.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0044 was down 6.41% compared to the 2020 peak of 0.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 GEL
2020 Average 21 GEL
Yearly Trough Low 19 GEL
Transaction Impact: A difference of 3.21 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0044
0.0037
JanuMarcMayJulySeptNove

MWK 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 0.0042, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0003 GEL (High: 0.0044 / Low: 0.0041). On the other end, September was the most stable month, with a tight range of 0.0000 GEL (High: 0.0038 / Low: 0.0038).

May Spread (Volatile) ±0.0003
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and November, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0044) against the same month in 2020 (average: 0.0043), the exchange rate shifted by +0.0000 (+0.93%).

2021 Avg (April) 0.0044
2020 Avg (April) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0042 0.0043
February 0.0043 0.0042 0.0043
March 0.0043 0.0042 0.0043
April 0.0044 0.0043 0.0044
May 0.0044 0.0041 0.0043
June 0.0041 0.0039 0.0039
July 0.0040 0.0038 0.0039
August 0.0038 0.0038 0.0038
September 0.0038 0.0038 0.0038
October 0.0039 0.0038 0.0038
November 0.0039 0.0038 0.0038
December 0.0038 0.0038 0.0038