YEARLY HIGH
8.9874 GEL
YEARLY LOW
7.9678 GEL
YEARLY AVERAGE
8.3577 GEL

2021 OMR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the OMR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 8.9874. Conversely, the yearly low was recorded on December 19, dropping to 7.9678.

This high-to-low spread represents a total annual volatility of 1.0195 GEL. From a start-to-finish perspective, comparing the January average rate of 8.5785 to the December average rate of 8.0431, the exchange rate registered a net change of -6.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.9874 was up 0.03% compared to the 2020 peak of 8.9850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,937 GEL
2020 Average 40,440 GEL
Yearly Trough Low 39,839 GEL
Transaction Impact: A difference of 5,097.67 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.0098
7.9553
JanuMarcMayJulySeptNove

OMR 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 8.6219, compared to 8.0934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5285 points.

H1 Avg (Jan–Jun) 8.6219
H2 Avg (Jul–Dec) 8.0934

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.5195 GEL (High: 8.9874 / Low: 8.4679). On the other end, September was the most stable month, with a tight range of 0.0318 GEL (High: 8.0838 / Low: 8.0520).

May Spread (Volatile) ±0.5195
September Spread (Stable) ±0.0318

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 0.5705 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 8.9219) against the same month in 2020 (average: 8.2651), the exchange rate shifted by +0.6568 (+7.95%).

2021 Avg (April) 8.9219
2020 Avg (April) 8.2651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.6095 8.5207 8.5785
February 8.6573 8.5587 8.6082
March 8.8573 8.6232 8.6661
April 8.9874 8.8376 8.9219
May 8.9874 8.4679 8.7636
June 8.4678 8.0655 8.1931
July 8.2211 7.9835 8.1077
August 8.1047 7.9851 8.0542
September 8.0838 8.0520 8.0720
October 8.1828 8.0779 8.1378
November 8.2203 8.0367 8.1457
December 8.1165 7.9678 8.0431