2020 AFN to GEL Historical Review

YEARLY HIGH

0.0450 GEL

YEARLY LOW

0.0361 GEL

YEARLY AVERAGE

0.0405 GEL

2020 AFN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0450. Conversely, the yearly low was recorded on February 25, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0089 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0427, the exchange rate registered a net change of 14.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0450 was up 17.61% compared to the 2019 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 225 GEL

2019 Average 181 GEL

Yearly Trough Low 181 GEL

Transaction Impact: A difference of 44.33 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0437

0.0363

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 0.0395, compared to 0.0415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0395

H2 Avg (Jul–Dec) 0.0415

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0084 GEL (High: 0.0450 / Low: 0.0366). On the other end, August was the most stable month, with a tight range of 0.0006 GEL (High: 0.0403 / Low: 0.0397).

March Spread (Volatile) ±0.0084

August Spread (Stable) ±0.0006

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 May and June, when the average rate fell by 0.0023 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0396) against the same month in 2019 (average: 0.0356), the exchange rate shifted by +0.0040 (+11.25%).

2020 Avg (March) 0.0396

2019 Avg (March) 0.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0379	0.0366	0.0373
February	0.0378	0.0361	0.0370
March	0.0450	0.0366	0.0396
April	0.0431	0.0411	0.0418
May	0.0423	0.0415	0.0419
June	0.0415	0.0381	0.0395
July	0.0403	0.0395	0.0399
August	0.0403	0.0397	0.0401
September	0.0436	0.0400	0.0414
October	0.0427	0.0417	0.0420
November	0.0445	0.0422	0.0431
December	0.0432	0.0424	0.0427