2020 BTN to GEL Historical Review

YEARLY HIGH

0.0459 GEL

YEARLY LOW

0.0376 GEL

YEARLY AVERAGE

0.0420 GEL

2020 BTN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BTN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0459. Conversely, the yearly low was recorded on March 10, dropping to 0.0376.

This high-to-low spread represents a total annual volatility of 0.0083 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0404 to the December average rate of 0.0447, the exchange rate registered a net change of 10.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0459 was up 6.32% compared to the 2019 peak of 0.0432, 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 229 GEL

2019 Average 200 GEL

Yearly Trough Low 188 GEL

Transaction Impact: A difference of 41.41 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0452

0.0393

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 0.0409, compared to 0.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0409

H2 Avg (Jul–Dec) 0.0432

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0079 GEL (High: 0.0455 / Low: 0.0376). On the other end, July was the most stable month, with a tight range of 0.0007 GEL (High: 0.0414 / Low: 0.0407).

March Spread (Volatile) ±0.0079

July Spread (Stable) ±0.0007

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 May and June, when the average rate fell by 0.0020 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0447) against the same month in 2019 (average: 0.0415), the exchange rate shifted by +0.0031 (+7.57%).

2020 Avg (November) 0.0447

2019 Avg (November) 0.0415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0408	0.0398	0.0404
February	0.0405	0.0386	0.0398
March	0.0455	0.0376	0.0406
April	0.0436	0.0410	0.0418
May	0.0429	0.0420	0.0424
June	0.0423	0.0390	0.0403
July	0.0414	0.0407	0.0410
August	0.0422	0.0411	0.0415
September	0.0455	0.0420	0.0433
October	0.0444	0.0435	0.0439
November	0.0459	0.0435	0.0447
December	0.0451	0.0443	0.0447