YEARLY HIGH
1.3666 GEL
YEARLY LOW
1.1790 GEL
YEARLY AVERAGE
1.2649 GEL

2021 WST to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the WST to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.3666. Conversely, the yearly low was recorded on December 26, dropping to 1.1790.

This high-to-low spread represents a total annual volatility of 0.1876 GEL. From a start-to-finish perspective, comparing the January average rate of 1.3142 to the December average rate of 1.1938, the exchange rate registered a net change of -9.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3666 was up 4.72% compared to the 2020 peak of 1.3049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,833 GEL
2020 Average 5,855 GEL
Yearly Trough Low 5,895 GEL
Transaction Impact: A difference of 937.84 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3715
1.1776
JanuMarcMayJulySeptNove

WST 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 1.3163, compared to 1.2134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1029 points.

H1 Avg (Jan–Jun) 1.3163
H2 Avg (Jul–Dec) 1.2134

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0695 GEL (High: 1.3666 / Low: 1.2971). On the other end, September was the most stable month, with a tight range of 0.0076 GEL (High: 1.2156 / Low: 1.2080).

May Spread (Volatile) ±0.0695
September Spread (Stable) ±0.0076

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 0.0903 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.3554) against the same month in 2020 (average: 1.1461), the exchange rate shifted by +0.2093 (+18.26%).

2021 Avg (April) 1.3554
2020 Avg (April) 1.1461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3259 1.2930 1.3142
February 1.3300 1.3080 1.3193
March 1.3446 1.3087 1.3220
April 1.3666 1.3396 1.3554
May 1.3666 1.2971 1.3386
June 1.2971 1.2332 1.2483
July 1.2462 1.1996 1.2246
August 1.2163 1.1994 1.2083
September 1.2156 1.2080 1.2134
October 1.2266 1.2080 1.2181
November 1.2324 1.2073 1.2222
December 1.2190 1.1790 1.1938