YEARLY HIGH
0.2198 GEL
YEARLY LOW
0.1772 GEL
YEARLY AVERAGE
0.1969 GEL

2020 EGP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.2198. Conversely, the yearly low was recorded on March 16, dropping to 0.1772.

This high-to-low spread represents a total annual volatility of 0.0426 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1810 to the December average rate of 0.2100, the exchange rate registered a net change of 15.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2198 was up 18.38% compared to the 2019 peak of 0.1856, 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 1,099 GEL
2019 Average 840 GEL
Yearly Trough Low 886 GEL
Transaction Impact: A difference of 213.05 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2151
0.1779
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 0.1915, compared to 0.2024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.1915
H2 Avg (Jul–Dec) 0.2024

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0426 GEL (High: 0.2198 / Low: 0.1772). On the other end, August was the most stable month, with a tight range of 0.0031 GEL (High: 0.1956 / Low: 0.1925).

March Spread (Volatile) ±0.0426
August Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between June and November, 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 May and June, when the average rate fell by 0.0142 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1923) against the same month in 2019 (average: 0.1544), the exchange rate shifted by +0.0379 (+24.57%).

2020 Avg (March) 0.1923
2019 Avg (March) 0.1544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1833 0.1777 0.1810
February 0.1832 0.1784 0.1813
March 0.2198 0.1772 0.1923
April 0.2086 0.1991 0.2019
May 0.2069 0.2009 0.2032
June 0.1989 0.1818 0.1890
July 0.1938 0.1895 0.1920
August 0.1956 0.1925 0.1940
September 0.2126 0.1944 0.2015
October 0.2079 0.2038 0.2053
November 0.2180 0.2062 0.2120
December 0.2123 0.2080 0.2100