2019 BTN to GEL Historical Review

YEARLY HIGH

0.0432 GEL

YEARLY LOW

0.0370 GEL

YEARLY AVERAGE

0.0400 GEL

2019 BTN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BTN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0432. Conversely, the yearly low was recorded on February 4, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0062 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0377 to the December average rate of 0.0406, the exchange rate registered a net change of 7.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0432 was up 5.82% compared to the 2018 peak of 0.0408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 216 GEL

2018 Average 182 GEL

Yearly Trough Low 185 GEL

Transaction Impact: A difference of 31.07 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0422

0.0369

JanuMarcMayJulySeptNove

BTN 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 0.0386, compared to 0.0414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0386

H2 Avg (Jul–Dec) 0.0414

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0024 GEL (High: 0.0432 / Low: 0.0407). On the other end, October was the most stable month, with a tight range of 0.0007 GEL (High: 0.0422 / Low: 0.0415).

July Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.0417) against the same month in 2018 (average: 0.0356), the exchange rate shifted by +0.0061 (+17.02%).

2019 Avg (July) 0.0417

2018 Avg (July) 0.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0385	0.0372	0.0377
February	0.0380	0.0370	0.0373
March	0.0391	0.0376	0.0386
April	0.0392	0.0384	0.0388
May	0.0401	0.0389	0.0394
June	0.0413	0.0392	0.0399
July	0.0432	0.0407	0.0417
August	0.0427	0.0408	0.0413
September	0.0421	0.0409	0.0416
October	0.0422	0.0415	0.0417
November	0.0419	0.0410	0.0415
December	0.0415	0.0400	0.0406