2020 FKP to GEL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FKP to GEL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FKP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 4.4933. Conversely, the yearly low was recorded on March 16, dropping to 3.4224.
This high-to-low spread represents a total annual volatility of 1.0708 GEL. From a start-to-finish perspective, comparing the January average rate of 3.7629 to the December average rate of 4.4301, the exchange rate registered a net change of 17.73% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 4.4933 was up 15.56% compared to the 2019 peak of 3.8882, 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 2020.
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 3.8146, compared to 4.1784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3638 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.7607 GEL (High: 4.1831 / Low: 3.4224). On the other end, January was the most stable month, with a tight range of 0.0778 GEL (High: 3.8161 / Low: 3.7384).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 0.1156 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 4.3854) against the same month in 2019 (average: 3.8226), the exchange rate shifted by +0.5628 (+14.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.8161 | 3.7384 | 3.7629 |
| February | 3.8161 | 3.5772 | 3.6872 |
| March | 4.1831 | 3.4224 | 3.7251 |
| April | 4.0706 | 3.8605 | 3.9506 |
| May | 4.0069 | 3.8732 | 3.9388 |
| June | 4.0112 | 3.7363 | 3.8232 |
| July | 4.0592 | 3.8109 | 3.8926 |
| August | 4.1298 | 4.0245 | 4.0613 |
| September | 4.3270 | 3.9702 | 4.1155 |
| October | 4.2473 | 4.1356 | 4.1854 |
| November | 4.4933 | 4.1880 | 4.3854 |
| December | 4.4913 | 4.3578 | 4.4301 |