2019 FKP to GEL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 FKP to GEL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the FKP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 3.8882. Conversely, the yearly low was recorded on January 2, dropping to 3.3480.
This high-to-low spread represents a total annual volatility of 0.5402 GEL. From a start-to-finish perspective, comparing the January average rate of 3.4364 to the December average rate of 3.7914, the exchange rate registered a net change of 10.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 3.8882 was up 7.41% compared to the 2018 peak of 3.6199, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
FKP to GEL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.4962, compared to 3.6928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1966 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 0.2378 GEL (High: 3.8488 / Low: 3.6111). On the other end, April was the most stable month, with a tight range of 0.0563 GEL (High: 3.5378 / Low: 3.4815).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0312 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 3.7914) against the same month in 2018 (average: 3.3730), the exchange rate shifted by +0.4183 (+12.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5183 | 3.3480 | 3.4364 |
| February | 3.5824 | 3.3755 | 3.4506 |
| March | 3.5733 | 3.4800 | 3.5320 |
| April | 3.5378 | 3.4815 | 3.5092 |
| May | 3.5710 | 3.4914 | 3.5365 |
| June | 3.6308 | 3.4491 | 3.5128 |
| July | 3.6360 | 3.4996 | 3.5741 |
| August | 3.6106 | 3.5164 | 3.5590 |
| September | 3.7069 | 3.5471 | 3.6580 |
| October | 3.8488 | 3.6111 | 3.7521 |
| November | 3.8627 | 3.7814 | 3.8226 |
| December | 3.8882 | 3.6927 | 3.7914 |