2020 CVE to GEL Historical Review

YEARLY HIGH

0.0366 GEL

YEARLY LOW

0.0120 GEL

YEARLY AVERAGE

0.0321 GEL

2020 CVE to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0366. Conversely, the yearly low was recorded on March 18, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0246 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0362, the exchange rate registered a net change of 25.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0366 was up 22.07% compared to the 2019 peak of 0.0300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183 GEL

2019 Average 143 GEL

Yearly Trough Low 60 GEL

Transaction Impact: A difference of 122.84 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0371

0.0272

JanuMarcMayJulySeptNove

CVE 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 0.0300, compared to 0.0341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0300

H2 Avg (Jul–Dec) 0.0341

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0219 GEL (High: 0.0339 / Low: 0.0120). On the other end, January was the most stable month, with a tight range of 0.0004 GEL (High: 0.0291 / Low: 0.0287).

March Spread (Volatile) ±0.0219

January Spread (Stable) ±0.0004

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 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0362) against the same month in 2019 (average: 0.0290), the exchange rate shifted by +0.0072 (+24.97%).

2020 Avg (December) 0.0362

2019 Avg (December) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0291	0.0287	0.0289
February	0.0288	0.0273	0.0280
March	0.0339	0.0120	0.0295
April	0.0324	0.0308	0.0313
May	0.0320	0.0313	0.0316
June	0.0324	0.0301	0.0310
July	0.0329	0.0307	0.0317
August	0.0335	0.0327	0.0331
September	0.0354	0.0329	0.0339
October	0.0347	0.0340	0.0343
November	0.0362	0.0342	0.0355
December	0.0366	0.0359	0.0362