2019 BBD to GEL Historical Review

YEARLY HIGH

1.4950 GEL

YEARLY LOW

1.3175 GEL

YEARLY AVERAGE

1.4079 GEL

2019 BBD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BBD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 1.4950. Conversely, the yearly low was recorded on February 18, dropping to 1.3175.

This high-to-low spread represents a total annual volatility of 0.1775 GEL. From a start-to-finish perspective, comparing the January average rate of 1.3315 to the December average rate of 1.4458, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.4950 was up 11.57% compared to the 2018 peak of 1.3400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,475 GEL

2018 Average 6,214 GEL

Yearly Trough Low 6,587 GEL

Transaction Impact: A difference of 887.50 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.4994

1.3105

JanuMarcMayJulySeptNove

BBD 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 1.3511, compared to 1.4647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1136 points.

H1 Avg (Jan–Jun) 1.3511

H2 Avg (Jul–Dec) 1.4647

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0875 GEL (High: 1.4850 / Low: 1.3975). On the other end, April was the most stable month, with a tight range of 0.0100 GEL (High: 1.3525 / Low: 1.3425).

July Spread (Volatile) ±0.0875

April Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0378 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1.4836) against the same month in 2018 (average: 1.2654), the exchange rate shifted by +0.2183 (+17.25%).

2019 Avg (November) 1.4836

2018 Avg (November) 1.2654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3400	1.3275	1.3315
February	1.3450	1.3175	1.3263
March	1.3475	1.3300	1.3409
April	1.3525	1.3425	1.3474
May	1.4025	1.3525	1.3755
June	1.4300	1.3600	1.3853
July	1.4850	1.3975	1.4331
August	1.4750	1.4525	1.4642
September	1.4900	1.4700	1.4801
October	1.4925	1.4725	1.4815
November	1.4950	1.4763	1.4836
December	1.4850	1.4275	1.4458