2022 TRY to GEL Historical Review

YEARLY HIGH

0.2376 GEL

YEARLY LOW

0.1419 GEL

YEARLY AVERAGE

0.1797 GEL

2022 TRY to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.2376. Conversely, the yearly low was recorded on December 22, dropping to 0.1419.

This high-to-low spread represents a total annual volatility of 0.0958 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2275 to the December average rate of 0.1434, the exchange rate registered a net change of -36.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2376 was down 50.01% compared to the 2021 peak of 0.4753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 11,882 GEL

2021 Average 18,687 GEL

Yearly Trough Low 7,093 GEL

Transaction Impact: A difference of 4,788.54 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2359

0.1350

JanuMarcMayJulySeptNove

TRY 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 0.2067, compared to 0.1526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0540 points.

H1 Avg (Jan–Jun) 0.2067

H2 Avg (Jul–Dec) 0.1526

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0327 GEL (High: 0.2062 / Low: 0.1735). On the other end, December was the most stable month, with a tight range of 0.0033 GEL (High: 0.1452 / Low: 0.1419).

May Spread (Volatile) ±0.0327

December Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0174 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2208) against the same month in 2021 (average: 0.4342), the exchange rate shifted by -0.2134 (-49.14%).

2022 Avg (March) 0.2208

2021 Avg (March) 0.4342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2366	0.2227	0.2275
February	0.2293	0.2108	0.2199
March	0.2376	0.2118	0.2208
April	0.2107	0.2050	0.2079
May	0.2062	0.1735	0.1905
June	0.1828	0.1666	0.1733
July	0.1756	0.1540	0.1676
August	0.1593	0.1504	0.1537
September	0.1636	0.1527	0.1553
October	0.1527	0.1479	0.1495
November	0.1481	0.1443	0.1463
December	0.1452	0.1419	0.1434