2020 AZN to GEL Historical Review

YEARLY HIGH

2.0323 GEL

YEARLY LOW

1.6329 GEL

YEARLY AVERAGE

1.8286 GEL

2020 AZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 2.0323. Conversely, the yearly low was recorded on February 25, dropping to 1.6329.

This high-to-low spread represents a total annual volatility of 0.3994 GEL. From a start-to-finish perspective, comparing the January average rate of 1.6903 to the December average rate of 1.9349, the exchange rate registered a net change of 14.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0323 was up 15.72% compared to the 2019 peak of 1.7562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,162 GEL

2019 Average 8,273 GEL

Yearly Trough Low 8,164 GEL

Transaction Impact: A difference of 1,997.06 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9768

1.6421

JanuMarcMayJulySeptNove

AZN 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 1.7796, compared to 1.8776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0980 points.

H1 Avg (Jan–Jun) 1.7796

H2 Avg (Jul–Dec) 1.8776

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3965 GEL (High: 2.0323 / Low: 1.6358). On the other end, August was the most stable month, with a tight range of 0.0135 GEL (High: 1.8255 / Low: 1.8120).

March Spread (Volatile) ±0.3965

August Spread (Stable) ±0.0135

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 0.0869 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.7718) against the same month in 2019 (average: 1.5752), the exchange rate shifted by +0.1966 (+12.48%).

2020 Avg (March) 1.7718

2019 Avg (March) 1.5752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7004	1.6740	1.6903
February	1.6975	1.6329	1.6700
March	2.0323	1.6358	1.7718
April	1.9295	1.8443	1.8695
May	1.8913	1.8708	1.8814
June	1.8737	1.7327	1.7945
July	1.8179	1.7944	1.8048
August	1.8255	1.8120	1.8156
September	1.9677	1.8062	1.8670
October	1.9236	1.8825	1.8943
November	2.0088	1.9031	1.9489
December	1.9530	1.9221	1.9349