YEARLY HIGH
0.9226 GEL
YEARLY LOW
0.8174 GEL
YEARLY AVERAGE
0.8579 GEL

2021 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.9226. Conversely, the yearly low was recorded on December 26, dropping to 0.8174.

This high-to-low spread represents a total annual volatility of 0.1052 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8805 to the December average rate of 0.8253, the exchange rate registered a net change of -6.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9226 was up 0.15% compared to the 2020 peak of 0.9213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,613 GEL
2020 Average 4,149 GEL
Yearly Trough Low 4,087 GEL
Transaction Impact: A difference of 526.18 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9249
0.8162
JanuMarcMayJulySeptNove

SAR 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 0.8850, compared to 0.8307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0543 points.

H1 Avg (Jan–Jun) 0.8850
H2 Avg (Jul–Dec) 0.8307

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0534 GEL (High: 0.9226 / Low: 0.8692). On the other end, September was the most stable month, with a tight range of 0.0033 GEL (High: 0.8299 / Low: 0.8265).

May Spread (Volatile) ±0.0534
September Spread (Stable) ±0.0033

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 0.0585 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.8996) against the same month in 2020 (average: 0.8526), the exchange rate shifted by +0.0470 (+5.51%).

2021 Avg (May) 0.8996
2020 Avg (May) 0.8526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8838 0.8744 0.8805
February 0.8890 0.8785 0.8836
March 0.9093 0.8850 0.8895
April 0.9225 0.9071 0.9158
May 0.9226 0.8692 0.8996
June 0.8692 0.8280 0.8411
July 0.8439 0.8198 0.8322
August 0.8318 0.8196 0.8268
September 0.8299 0.8265 0.8286
October 0.8398 0.8292 0.8353
November 0.8438 0.8250 0.8361
December 0.8331 0.8174 0.8253