YEARLY HIGH
0.7590 BBD
YEARLY LOW
0.6689 BBD
YEARLY AVERAGE
0.7116 BBD

2019 GEL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.7590. Conversely, the yearly low was recorded on November 21, dropping to 0.6689.

This high-to-low spread represents a total annual volatility of 0.0901 BBD. From a start-to-finish perspective, comparing the January average rate of 0.7510 to the December average rate of 0.6918, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7590 was down 8.20% compared to the 2018 peak of 0.8268, 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 3,795 BBD
2018 Average 4,026 BBD
Yearly Trough Low 3,344 BBD
Transaction Impact: A difference of 450.58 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7620
0.6660
JanuMarcMayJulySeptNove

GEL to BBD 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 0.7404, compared to 0.6829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0575 points.

H1 Avg (Jan–Jun) 0.7404
H2 Avg (Jul–Dec) 0.6829

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0422 BBD (High: 0.7156 / Low: 0.6734). On the other end, April was the most stable month, with a tight range of 0.0055 BBD (High: 0.7449 / Low: 0.7394).

July Spread (Volatile) ±0.0422
April Spread (Stable) ±0.0055

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 0.0241 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.7540) against the same month in 2018 (average: 0.8132), the exchange rate shifted by -0.0591 (-7.27%).

2019 Avg (February) 0.7540
2018 Avg (February) 0.8132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7533 0.7463 0.7510
February 0.7590 0.7435 0.7540
March 0.7519 0.7421 0.7458
April 0.7449 0.7394 0.7422
May 0.7394 0.7130 0.7271
June 0.7353 0.6993 0.7221
July 0.7156 0.6734 0.6980
August 0.6885 0.6780 0.6830
September 0.6803 0.6711 0.6756
October 0.6791 0.6700 0.6750
November 0.6774 0.6689 0.6740
December 0.7005 0.6734 0.6918