2021 NGN to GEL Historical Review

YEARLY HIGH

0.0091 GEL

YEARLY LOW

0.0075 GEL

YEARLY AVERAGE

0.0080 GEL

2021 NGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 0.0091. Conversely, the yearly low was recorded on August 2, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0016 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0075, the exchange rate registered a net change of -11.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0091 was down 4.19% compared to the 2020 peak of 0.0095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 9,104 GEL

2020 Average 8,186 GEL

Yearly Trough Low 7,468 GEL

Transaction Impact: A difference of 1,635.95 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0089

0.0074

JanuMarcMayJulySeptNove

NGN 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 0.0084, compared to 0.0076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0084

H2 Avg (Jul–Dec) 0.0076

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0012 GEL (High: 0.0091 / Low: 0.0079). On the other end, September was the most stable month, with a tight range of 0.0000 GEL (High: 0.0076 / Low: 0.0075).

May Spread (Volatile) ±0.0012

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0088) against the same month in 2020 (average: 0.0083), the exchange rate shifted by +0.0005 (+6.38%).

2021 Avg (April) 0.0088

2020 Avg (April) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0087	0.0083	0.0085
February	0.0087	0.0080	0.0085
March	0.0088	0.0081	0.0086
April	0.0091	0.0083	0.0088
May	0.0091	0.0079	0.0084
June	0.0079	0.0075	0.0077
July	0.0077	0.0075	0.0076
August	0.0076	0.0075	0.0075
September	0.0076	0.0075	0.0076
October	0.0077	0.0076	0.0076
November	0.0077	0.0075	0.0076
December	0.0076	0.0075	0.0075

2021 NGN నుండి GEL చారిత్రక సమీక్ష