YEARLY HIGH
0.6124 AZN
YEARLY LOW
0.4921 AZN
YEARLY AVERAGE
0.5484 AZN

2020 GEL to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.6124. Conversely, the yearly low was recorded on March 25, dropping to 0.4921.

This high-to-low spread represents a total annual volatility of 0.1204 AZN. From a start-to-finish perspective, comparing the January average rate of 0.5916 to the December average rate of 0.5168, the exchange rate registered a net change of -12.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6124 was down 5.22% compared to the 2019 peak of 0.6461, 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 3,062 AZN
2019 Average 3,028 AZN
Yearly Trough Low 2,460 AZN
Transaction Impact: A difference of 601.79 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6075
0.5046
JanuMarcMayJulySeptNove

GEL to AZN 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 0.5638, compared to 0.5331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 0.5638
H2 Avg (Jul–Dec) 0.5331

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1193 AZN (High: 0.6113 / Low: 0.4921). On the other end, August was the most stable month, with a tight range of 0.0041 AZN (High: 0.5519 / Low: 0.5478).

March Spread (Volatile) ±0.1193
August Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0331 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.5989) against the same month in 2019 (average: 0.6419), the exchange rate shifted by -0.0430 (-6.69%).

2020 Avg (February) 0.5989
2019 Avg (February) 0.6419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5974 0.5881 0.5916
February 0.6124 0.5891 0.5989
March 0.6113 0.4921 0.5681
April 0.5422 0.5183 0.5350
May 0.5345 0.5287 0.5315
June 0.5771 0.5337 0.5574
July 0.5573 0.5501 0.5541
August 0.5519 0.5478 0.5508
September 0.5537 0.5082 0.5360
October 0.5312 0.5198 0.5279
November 0.5255 0.4978 0.5132
December 0.5203 0.5120 0.5168