2020 GEL to ARS Historical Review

YEARLY HIGH

25.6535 ARS

YEARLY LOW

18.4875 ARS

YEARLY AVERAGE

22.6328 ARS

2020 GEL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 25.6535. Conversely, the yearly low was recorded on March 25, dropping to 18.4875.

This high-to-low spread represents a total annual volatility of 7.1661 ARS. From a start-to-finish perspective, comparing the January average rate of 20.8228 to the December average rate of 25.0660, the exchange rate registered a net change of 20.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 25.6535 was up 22.21% compared to the 2019 peak of 20.9913, 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 128,268 ARS

2019 Average 85,138 ARS

Yearly Trough Low 92,437 ARS

Transaction Impact: A difference of 35,830.25 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

25.5130

20.1489

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 21.3091, compared to 23.9564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6472 points.

H1 Avg (Jan–Jun) 21.3091

H2 Avg (Jul–Dec) 23.9564

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.0805 ARS (High: 22.5679 / Low: 18.4875). On the other end, January was the most stable month, with a tight range of 0.3174 ARS (High: 20.9813 / Low: 20.6639).

March Spread (Volatile) ±4.0805

January Spread (Stable) ±0.3174

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5171 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 25.0660) against the same month in 2019 (average: 20.6846), the exchange rate shifted by +4.3814 (+21.18%).

2020 Avg (December) 25.0660

2019 Avg (December) 20.6846

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.9813	20.6639	20.8228
February	22.2662	20.8541	21.5555
March	22.5679	18.4875	21.0384
April	20.9659	19.6154	20.5959
May	21.4865	20.5686	21.0864
June	23.3583	21.5507	22.7558
July	23.4400	22.9302	23.2180
August	23.9828	23.4195	23.6872
September	24.2768	22.7039	23.6544
October	24.2539	23.2632	24.0400
November	24.4345	23.1236	24.0728
December	25.6535	24.5082	25.0660