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2020 GEL to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 7933.6091. Conversely, the yearly low was recorded on November 5, dropping to 6152.3254.
This high-to-low spread represents a total annual volatility of 1781.2836 STD. From a start-to-finish perspective, comparing the January average rate of 7492.3402 to the December average rate of 6275.9011, the exchange rate registered a net change of -16.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 7933.6091 was down 0.69% compared to the 2019 peak of 7988.8424, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
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GEL to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 7268.8659, compared to 6604.3653 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 664.5006 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1536.2769 STD (High: 7933.6091 / Low: 6397.3322). On the other end, May was the most stable month, with a tight range of 75.1444 STD (High: 6923.1857 / Low: 6848.0413).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 444.8512 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 7374.6530) against the same month in 2019 (average: 7849.5929), the exchange rate shifted by -474.9399 (-6.05%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 7565.1895 | 7447.5959 | 7492.3402 |
| February | 7932.6519 | 7460.4810 | 7718.1869 |
| March | 7933.6091 | 6397.3322 | 7374.6530 |
| April | 7022.5137 | 6713.1727 | 6929.8018 |
| May | 6923.1857 | 6848.0413 | 6884.2731 |
| June | 7474.6937 | 6912.3343 | 7213.9401 |
| July | 7183.1116 | 6908.1884 | 7093.6715 |
| August | 6930.5812 | 6748.3045 | 6830.4269 |
| September | 6820.6068 | 6278.1809 | 6600.6442 |
| October | 6562.2172 | 6421.9560 | 6509.5903 |
| November | 6494.1213 | 6152.3254 | 6315.9577 |
| December | 6372.1171 | 6203.3629 | 6275.9011 |