2020 GEL to BAM Historical Review

YEARLY HIGH

0.6494 BAM

YEARLY LOW

0.4834 BAM

YEARLY AVERAGE

0.5535 BAM

2020 GEL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.6494. Conversely, the yearly low was recorded on December 6, dropping to 0.4834.

This high-to-low spread represents a total annual volatility of 0.1660 BAM. From a start-to-finish perspective, comparing the January average rate of 0.6121 to the December average rate of 0.4878, the exchange rate registered a net change of -20.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6494 was down 1.34% compared to the 2019 peak of 0.6583, 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 3,247 BAM

2019 Average 3,105 BAM

Yearly Trough Low 2,417 BAM

Transaction Impact: A difference of 829.99 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6449

0.4736

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 0.5879, compared to 0.5192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0687 points.

H1 Avg (Jan–Jun) 0.5879

H2 Avg (Jul–Dec) 0.5192

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1165 BAM (High: 0.6377 / Low: 0.5212). On the other end, January was the most stable month, with a tight range of 0.0076 BAM (High: 0.6155 / Low: 0.6079).

March Spread (Volatile) ±0.1165

January Spread (Stable) ±0.0076

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 February and March, when the average rate fell by 0.0411 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.6307) against the same month in 2019 (average: 0.6496), the exchange rate shifted by -0.0189 (-2.91%).

2020 Avg (February) 0.6307

2019 Avg (February) 0.6496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6155	0.6079	0.6121
February	0.6494	0.6117	0.6307
March	0.6377	0.5212	0.5895
April	0.5734	0.5443	0.5658
May	0.5646	0.5514	0.5602
June	0.5918	0.5473	0.5690
July	0.5699	0.5339	0.5565
August	0.5403	0.5300	0.5351
September	0.5381	0.4987	0.5220
October	0.5203	0.5082	0.5154
November	0.5171	0.4879	0.4982
December	0.4923	0.4834	0.4878