YEARLY HIGH
0.1856 GEL
YEARLY LOW
0.1481 GEL
YEARLY AVERAGE
0.1678 GEL

2019 EGP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EGP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.1856. Conversely, the yearly low was recorded on January 21, dropping to 0.1481.

This high-to-low spread represents a total annual volatility of 0.0375 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1490 to the December average rate of 0.1798, the exchange rate registered a net change of 20.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1856 was up 23.83% compared to the 2018 peak of 0.1499, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 928 GEL
2018 Average 698 GEL
Yearly Trough Low 741 GEL
Transaction Impact: A difference of 187.59 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1875
0.1455
JanuMarcMayJulySeptNove

EGP 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 0.1563, compared to 0.1794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.1563
H2 Avg (Jul–Dec) 0.1794

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0114 GEL (High: 0.1795 / Low: 0.1681). On the other end, October was the most stable month, with a tight range of 0.0024 GEL (High: 0.1838 / Low: 0.1814).

July Spread (Volatile) ±0.0114
October Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0042 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.1840) against the same month in 2018 (average: 0.1414), the exchange rate shifted by +0.0426 (+30.12%).

2019 Avg (November) 0.1840
2018 Avg (November) 0.1414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1507 0.1481 0.1490
February 0.1535 0.1499 0.1510
March 0.1557 0.1519 0.1544
April 0.1578 0.1549 0.1562
May 0.1672 0.1572 0.1617
June 0.1713 0.1623 0.1657
July 0.1795 0.1681 0.1726
August 0.1781 0.1755 0.1768
September 0.1830 0.1775 0.1807
October 0.1838 0.1814 0.1825
November 0.1856 0.1829 0.1840
December 0.1845 0.1771 0.1798