2022 ZAR to GEL Historical Review

YEARLY HIGH

0.2254 GEL

YEARLY LOW

0.1483 GEL

YEARLY AVERAGE

0.1794 GEL

2022 ZAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.2254. Conversely, the yearly low was recorded on November 3, dropping to 0.1483.

This high-to-low spread represents a total annual volatility of 0.0771 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1986 to the December average rate of 0.1548, the exchange rate registered a net change of -22.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2254 was down 7.90% compared to the 2021 peak of 0.2447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,268 GEL

2021 Average 10,896 GEL

Yearly Trough Low 7,415 GEL

Transaction Impact: A difference of 3,852.81 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2220

0.1471

JanuMarcMayJulySeptNove

ZAR 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 0.1980, compared to 0.1609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0370 points.

H1 Avg (Jan–Jun) 0.1980

H2 Avg (Jul–Dec) 0.1609

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0214 GEL (High: 0.2122 / Low: 0.1907). On the other end, October was the most stable month, with a tight range of 0.0093 GEL (High: 0.1593 / Low: 0.1499).

April Spread (Volatile) ±0.0214

October Spread (Stable) ±0.0093

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 0.0171 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2157) against the same month in 2021 (average: 0.2227), the exchange rate shifted by -0.0070 (-3.13%).

2022 Avg (March) 0.2157

2021 Avg (March) 0.2227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2035	0.1930	0.1986
February	0.2095	0.1899	0.1970
March	0.2254	0.2054	0.2157
April	0.2122	0.1907	0.2038
May	0.1964	0.1808	0.1868
June	0.1929	0.1804	0.1858
July	0.1801	0.1672	0.1739
August	0.1718	0.1614	0.1658
September	0.1689	0.1562	0.1617
October	0.1593	0.1499	0.1533
November	0.1605	0.1483	0.1560
December	0.1594	0.1499	0.1548