2019 BND to GEL Historical Review

YEARLY HIGH

2.2101 GEL

YEARLY LOW

1.6846 GEL

YEARLY AVERAGE

2.0542 GEL

2019 BND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 2.2101. Conversely, the yearly low was recorded on January 23, dropping to 1.6846.

This high-to-low spread represents a total annual volatility of 0.5255 GEL. From a start-to-finish perspective, comparing the January average rate of 1.6989 to the December average rate of 2.1315, the exchange rate registered a net change of 25.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2101 was up 13.25% compared to the 2018 peak of 1.9515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,050 GEL

2018 Average 8,854 GEL

Yearly Trough Low 8,423 GEL

Transaction Impact: A difference of 2,627.58 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2381

1.6499

JanuMarcMayJulySeptNove

BND 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 1.9497, compared to 2.1588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2091 points.

H1 Avg (Jan–Jun) 1.9497

H2 Avg (Jul–Dec) 2.1588

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.3054 GEL (High: 1.9916 / Low: 1.6863). On the other end, April was the most stable month, with a tight range of 0.0149 GEL (High: 2.0027 / Low: 1.9878).

February Spread (Volatile) ±0.3054

April Spread (Stable) ±0.0149

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0483 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 2.1632) against the same month in 2018 (average: 1.7383), the exchange rate shifted by +0.4249 (+24.44%).

2019 Avg (October) 2.1632

2018 Avg (October) 1.7383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9734	1.6846	1.6989
February	1.9916	1.6863	1.9334
March	1.9953	1.9693	1.9853
April	2.0027	1.9878	1.9946
May	2.0766	2.0028	2.0357
June	2.1174	2.0136	2.0501
July	2.1993	2.0692	2.1215
August	2.1842	2.1450	2.1674
September	2.2062	2.1427	2.1891
October	2.2101	2.1397	2.1632
November	2.1960	2.1674	2.1799
December	2.1733	2.1061	2.1315