2019 GEL to ARS Historical Review

YEARLY HIGH

20.9913 ARS

YEARLY LOW

13.8477 ARS

YEARLY AVERAGE

17.0146 ARS

2019 GEL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 20.9913. Conversely, the yearly low was recorded on January 12, dropping to 13.8477.

This high-to-low spread represents a total annual volatility of 7.1437 ARS. From a start-to-finish perspective, comparing the January average rate of 14.0307 to the December average rate of 20.6846, the exchange rate registered a net change of 47.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 20.9913 was up 24.42% compared to the 2018 peak of 16.8713, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,957 ARS

2018 Average 56,446 ARS

Yearly Trough Low 69,238 ARS

Transaction Impact: A difference of 35,718.29 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

21.3500

13.3653

JanuMarcMayJulySeptNove

GEL to ARS 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 15.3242, compared to 18.7051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3809 points.

H1 Avg (Jan–Jun) 15.3242

H2 Avg (Jul–Dec) 18.7051

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 5.6305 ARS (High: 20.6457 / Low: 15.0152). On the other end, November was the most stable month, with a tight range of 0.2195 ARS (High: 20.2018 / Low: 19.9823).

August Spread (Volatile) ±5.6305

November Spread (Stable) ±0.2195

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.9799 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.9799

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 20.6846) against the same month in 2018 (average: 14.1979), the exchange rate shifted by +6.4866 (+45.69%).

2019 Avg (December) 20.6846

2018 Avg (December) 14.1979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2397	13.8477	14.0307
February	14.9223	13.9802	14.4549
March	16.3086	14.8734	15.3921
April	16.9416	15.4124	15.9866
May	16.6135	15.8429	16.3012
June	16.4465	14.9058	15.7796
July	15.0022	14.6232	14.7997
August	20.6457	15.0152	17.7919
September	20.2391	18.6811	19.1190
October	20.3471	19.2350	19.7279
November	20.2018	19.9823	20.1073
December	20.9913	20.1200	20.6846