2020 BND to GEL Historical Review

YEARLY HIGH

2.5156 GEL

YEARLY LOW

1.9646 GEL

YEARLY AVERAGE

2.2582 GEL

2020 BND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2.5156. Conversely, the yearly low was recorded on March 16, dropping to 1.9646.

This high-to-low spread represents a total annual volatility of 0.5510 GEL. From a start-to-finish perspective, comparing the January average rate of 2.1303 to the December average rate of 2.4724, the exchange rate registered a net change of 16.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5156 was up 13.82% compared to the 2019 peak of 2.2101, 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 12,578 GEL

2019 Average 10,273 GEL

Yearly Trough Low 9,823 GEL

Transaction Impact: A difference of 2,754.97 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5149

2.0043

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 2.1656, compared to 2.3508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1852 points.

H1 Avg (Jan–Jun) 2.1656

H2 Avg (Jul–Dec) 2.3508

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4298 GEL (High: 2.3944 / Low: 1.9646). On the other end, January was the most stable month, with a tight range of 0.0283 GEL (High: 2.1432 / Low: 2.1149).

March Spread (Volatile) ±0.4298

January Spread (Stable) ±0.0283

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 0.0835 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2.4623) against the same month in 2019 (average: 2.1799), the exchange rate shifted by +0.2824 (+12.96%).

2020 Avg (November) 2.4623

2019 Avg (November) 2.1799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1432	2.1149	2.1303
February	2.1166	1.9854	2.0468
March	2.3944	1.9646	2.1284
April	2.2914	2.2006	2.2347
May	2.2852	2.2341	2.2604
June	2.2802	2.1174	2.1927
July	2.2519	2.1911	2.2130
August	2.2739	2.2411	2.2570
September	2.4480	2.2496	2.3277
October	2.4044	2.3530	2.3723
November	2.5156	2.3750	2.4623
December	2.4949	2.4495	2.4724