2020 BGN to GEL Historical Review

YEARLY HIGH

2.0676 GEL

YEARLY LOW

1.5465 GEL

YEARLY AVERAGE

1.8185 GEL

2020 BGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 2.0676. Conversely, the yearly low was recorded on February 25, dropping to 1.5465.

This high-to-low spread represents a total annual volatility of 0.5211 GEL. From a start-to-finish perspective, comparing the January average rate of 1.6336 to the December average rate of 2.0498, the exchange rate registered a net change of 25.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0676 was up 22.17% compared to the 2019 peak of 1.6924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,338 GEL

2019 Average 8,058 GEL

Yearly Trough Low 7,733 GEL

Transaction Impact: A difference of 2,605.32 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0961

1.5412

JanuMarcMayJulySeptNove

BGN 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 1.7063, compared to 1.9308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2245 points.

H1 Avg (Jan–Jun) 1.7063

H2 Avg (Jul–Dec) 1.9308

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3624 GEL (High: 1.9366 / Low: 1.5742). On the other end, January was the most stable month, with a tight range of 0.0215 GEL (High: 1.6451 / Low: 1.6236).

March Spread (Volatile) ±0.3624

January Spread (Stable) ±0.0215

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0462 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.0498) against the same month in 2019 (average: 1.6427), the exchange rate shifted by +0.4071 (+24.78%).

2020 Avg (December) 2.0498

2019 Avg (December) 1.6427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6451	1.6236	1.6336
February	1.6386	1.5465	1.5874
March	1.9366	1.5742	1.7036
April	1.8399	1.7442	1.7686
May	1.8087	1.7712	1.7867
June	1.8321	1.7023	1.7578
July	1.8746	1.7556	1.8003
August	1.8876	1.8519	1.8698
September	2.0109	1.8549	1.9145
October	1.9666	1.9225	1.9407
November	2.0660	1.9315	2.0094
December	2.0676	2.0303	2.0498