YEARLY HIGH
0.4330 GEL
YEARLY LOW
0.3811 GEL
YEARLY AVERAGE
0.4074 GEL

2019 BOB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.4330. Conversely, the yearly low was recorded on February 16, dropping to 0.3811.

This high-to-low spread represents a total annual volatility of 0.0518 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3855 to the December average rate of 0.4183, the exchange rate registered a net change of 8.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4330 was up 11.65% compared to the 2018 peak of 0.3878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,165 GEL
2018 Average 1,799 GEL
Yearly Trough Low 1,906 GEL
Transaction Impact: A difference of 259.23 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4338
0.3792
JanuMarcMayJulySeptNove

BOB 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 0.3910, compared to 0.4239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0328 points.

H1 Avg (Jan–Jun) 0.3910
H2 Avg (Jul–Dec) 0.4239

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0252 GEL (High: 0.4296 / Low: 0.4045). On the other end, January was the most stable month, with a tight range of 0.0047 GEL (High: 0.3875 / Low: 0.3828).

July Spread (Volatile) ±0.0252
January Spread (Stable) ±0.0047

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 0.0109 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.4286) against the same month in 2018 (average: 0.3543), the exchange rate shifted by +0.0743 (+20.96%).

2019 Avg (October) 0.4286
2018 Avg (October) 0.3543

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3875 0.3828 0.3855
February 0.3891 0.3811 0.3838
March 0.3903 0.3850 0.3882
April 0.3924 0.3860 0.3896
May 0.4060 0.3915 0.3982
June 0.4139 0.3936 0.4009
July 0.4296 0.4045 0.4147
August 0.4303 0.4206 0.4240
September 0.4320 0.4245 0.4284
October 0.4330 0.4258 0.4286
November 0.4323 0.4270 0.4292
December 0.4296 0.4128 0.4183