2019 GEL to BAM Historical Review

YEARLY HIGH

0.6583 BAM

YEARLY LOW

0.5902 BAM

YEARLY AVERAGE

0.6213 BAM

2019 GEL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.6583. Conversely, the yearly low was recorded on November 21, dropping to 0.5902.

This high-to-low spread represents a total annual volatility of 0.0681 BAM. From a start-to-finish perspective, comparing the January average rate of 0.6429 to the December average rate of 0.6089, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6583 was down 7.32% compared to the 2018 peak of 0.7102, 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 3,291 BAM

2018 Average 3,333 BAM

Yearly Trough Low 2,951 BAM

Transaction Impact: A difference of 340.37 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6549

0.5908

JanuMarcMayJulySeptNove

GEL to BAM 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 0.6408, compared to 0.6018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0390 points.

H1 Avg (Jan–Jun) 0.6408

H2 Avg (Jul–Dec) 0.6018

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0348 BAM (High: 0.6365 / Low: 0.6017). On the other end, April was the most stable month, with a tight range of 0.0098 BAM (High: 0.6509 / Low: 0.6411).

June Spread (Volatile) ±0.0348

April Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0172 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.6496) against the same month in 2018 (average: 0.6438), the exchange rate shifted by +0.0058 (+0.90%).

2019 Avg (February) 0.6496

2018 Avg (February) 0.6438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6486	0.6357	0.6429
February	0.6583	0.6382	0.6496
March	0.6493	0.6395	0.6449
April	0.6509	0.6411	0.6459
May	0.6483	0.6253	0.6357
June	0.6365	0.6017	0.6256
July	0.6213	0.5908	0.6084
August	0.6050	0.5945	0.6002
September	0.6064	0.5935	0.5997
October	0.6021	0.5909	0.5972
November	0.6013	0.5902	0.5961
December	0.6186	0.5966	0.6089