2021 GEL to BND Historical Review

YEARLY HIGH

0.4456 BND

YEARLY LOW

0.3834 BND

YEARLY AVERAGE

0.4183 BND

2021 GEL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.4456. Conversely, the yearly low was recorded on April 25, dropping to 0.3834.

This high-to-low spread represents a total annual volatility of 0.0621 BND. From a start-to-finish perspective, comparing the January average rate of 0.4017 to the December average rate of 0.4402, the exchange rate registered a net change of 9.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4456 was down 12.47% compared to the 2020 peak of 0.5090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,228 BND

2020 Average 2,221 BND

Yearly Trough Low 1,917 BND

Transaction Impact: A difference of 310.60 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4453

0.3836

JanuMarcMayJulySeptNove

GEL to BND 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 0.4017, compared to 0.4348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 0.4017

H2 Avg (Jul–Dec) 0.4348

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0225 BND (High: 0.4283 / Low: 0.4058). On the other end, January was the most stable month, with a tight range of 0.0075 BND (High: 0.4049 / Low: 0.3974).

June Spread (Volatile) ±0.0225

January Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0135 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.4402) against the same month in 2020 (average: 0.4045), the exchange rate shifted by +0.0357 (+8.83%).

2021 Avg (December) 0.4402

2020 Avg (December) 0.4045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4049	0.3974	0.4017
February	0.4031	0.3953	0.4006
March	0.4057	0.3949	0.4022
April	0.3942	0.3834	0.3888
May	0.4060	0.3838	0.3942
June	0.4283	0.4058	0.4228
July	0.4442	0.4245	0.4338
August	0.4399	0.4314	0.4370
September	0.4378	0.4302	0.4335
October	0.4366	0.4273	0.4312
November	0.4427	0.4260	0.4329
December	0.4456	0.4360	0.4402