2022 WST to GEL Historical Review

YEARLY HIGH

1.3155 GEL

YEARLY LOW

0.9606 GEL

YEARLY AVERAGE

1.0919 GEL

2022 WST to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the WST to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.3155. Conversely, the yearly low was recorded on November 9, dropping to 0.9606.

This high-to-low spread represents a total annual volatility of 0.3549 GEL. From a start-to-finish perspective, comparing the January average rate of 1.1833 to the December average rate of 0.9907, the exchange rate registered a net change of -16.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.3155 was down 3.74% compared to the 2021 peak of 1.3666, 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 6,577 GEL

2021 Average 6,322 GEL

Yearly Trough Low 4,803 GEL

Transaction Impact: A difference of 1,774.30 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.2606

0.9444

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 1.1659, compared to 1.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1479 points.

H1 Avg (Jan–Jun) 1.1659

H2 Avg (Jul–Dec) 1.0180

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1229 GEL (High: 1.3155 / Low: 1.1925). On the other end, November was the most stable month, with a tight range of 0.0147 GEL (High: 0.9754 / Low: 0.9606).

March Spread (Volatile) ±0.1229

November Spread (Stable) ±0.0147

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 September and October, when the average rate fell by 0.0550 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.2342) against the same month in 2021 (average: 1.3220), the exchange rate shifted by -0.0878 (-6.64%).

2022 Avg (March) 1.2342

2021 Avg (March) 1.3220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1898	1.1714	1.1833
February	1.2086	1.1160	1.1455
March	1.3155	1.1925	1.2342
April	1.1906	1.1747	1.1825
May	1.1767	1.0814	1.1358
June	1.1500	1.0917	1.1140
July	1.0983	1.0200	1.0800
August	1.0765	0.9978	1.0307
September	1.0937	1.0222	1.0455
October	1.0222	0.9666	0.9904
November	0.9754	0.9606	0.9707
December	1.0028	0.9682	0.9907