2019 AFN to GEL Historical Review

YEARLY HIGH

0.0383 GEL

YEARLY LOW

0.0341 GEL

YEARLY AVERAGE

0.0362 GEL

2019 AFN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0383. Conversely, the yearly low was recorded on June 5, dropping to 0.0341.

This high-to-low spread represents a total annual volatility of 0.0041 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0353 to the December average rate of 0.0368, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0383 was down 0.07% compared to the 2018 peak of 0.0383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191 GEL

2018 Average 172 GEL

Yearly Trough Low 171 GEL

Transaction Impact: A difference of 20.64 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0382

0.0342

JanuMarcMayJulySeptNove

AFN 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 0.0351, compared to 0.0372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0351

H2 Avg (Jul–Dec) 0.0372

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0025 GEL (High: 0.0371 / Low: 0.0346). On the other end, September was the most stable month, with a tight range of 0.0004 GEL (High: 0.0380 / Low: 0.0376).

July Spread (Volatile) ±0.0025

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0379) against the same month in 2018 (average: 0.0323), the exchange rate shifted by +0.0055 (+17.14%).

2019 Avg (October) 0.0379

2018 Avg (October) 0.0323

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0355	0.0350	0.0353
February	0.0360	0.0349	0.0354
March	0.0359	0.0352	0.0356
April	0.0354	0.0346	0.0349
May	0.0354	0.0343	0.0348
June	0.0353	0.0341	0.0345
July	0.0371	0.0346	0.0357
August	0.0379	0.0366	0.0373
September	0.0380	0.0376	0.0378
October	0.0383	0.0376	0.0379
November	0.0382	0.0377	0.0379
December	0.0377	0.0363	0.0368