YEARLY HIGH
0.2446 GEL
YEARLY LOW
0.1903 GEL
YEARLY AVERAGE
0.2180 GEL

2021 NAD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.2446. Conversely, the yearly low was recorded on November 28, dropping to 0.1903.

This high-to-low spread represents a total annual volatility of 0.0543 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2190 to the December average rate of 0.1947, the exchange rate registered a net change of -11.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2446 was up 7.99% compared to the 2020 peak of 0.2265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,223 GEL
2020 Average 949 GEL
Yearly Trough Low 952 GEL
Transaction Impact: A difference of 271.49 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2447
0.1902
JanuMarcMayJulySeptNove

NAD 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 0.2287, compared to 0.2073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.2287
H2 Avg (Jul–Dec) 0.2073

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0294 GEL (High: 0.2197 / Low: 0.1903). On the other end, December was the most stable month, with a tight range of 0.0074 GEL (High: 0.1983 / Low: 0.1909).

November Spread (Volatile) ±0.0294
December Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0132 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.2402) against the same month in 2020 (average: 0.1763), the exchange rate shifted by +0.0639 (+36.27%).

2021 Avg (May) 0.2402
2020 Avg (May) 0.1763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2253 0.2137 0.2190
February 0.2295 0.2196 0.2250
March 0.2286 0.2140 0.2228
April 0.2426 0.2321 0.2373
May 0.2446 0.2367 0.2402
June 0.2389 0.2205 0.2280
July 0.2203 0.2072 0.2148
August 0.2162 0.2031 0.2111
September 0.2171 0.2056 0.2097
October 0.2176 0.2056 0.2107
November 0.2197 0.1903 0.2029
December 0.1983 0.1909 0.1947