2019 BZD to GEL Historical Review

YEARLY HIGH

1.4854 GEL

YEARLY LOW

1.3071 GEL

YEARLY AVERAGE

1.3974 GEL

2019 BZD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BZD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 1.4854. Conversely, the yearly low was recorded on February 18, dropping to 1.3071.

This high-to-low spread represents a total annual volatility of 0.1783 GEL. From a start-to-finish perspective, comparing the January average rate of 1.3220 to the December average rate of 1.4348, 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 1.4854 was up 11.74% compared to the 2018 peak of 1.3294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,427 GEL

2018 Average 6,181 GEL

Yearly Trough Low 6,536 GEL

Transaction Impact: A difference of 891.31 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.4881

1.3003

JanuMarcMayJulySeptNove

BZD 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 1.3412, compared to 1.4537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1126 points.

H1 Avg (Jan–Jun) 1.3412

H2 Avg (Jul–Dec) 1.4537

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0868 GEL (High: 1.4733 / Low: 1.3866). On the other end, April was the most stable month, with a tight range of 0.0132 GEL (High: 1.3452 / Low: 1.3320).

July Spread (Volatile) ±0.0868

April Spread (Stable) ±0.0132

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 0.0376 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 1.4708) against the same month in 2018 (average: 1.2181), the exchange rate shifted by +0.2527 (+20.74%).

2019 Avg (October) 1.4708

2018 Avg (October) 1.2181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3328	1.3165	1.3220
February	1.3340	1.3071	1.3160
March	1.3451	1.3198	1.3319
April	1.3452	1.3320	1.3376
May	1.3919	1.3420	1.3649
June	1.4187	1.3494	1.3746
July	1.4733	1.3866	1.4216
August	1.4763	1.4415	1.4536
September	1.4821	1.4586	1.4690
October	1.4854	1.4607	1.4708
November	1.4832	1.4648	1.4724
December	1.4739	1.4163	1.4348