YEARLY HIGH
0.7194 BBD
YEARLY LOW
0.5780 BBD
YEARLY AVERAGE
0.6443 BBD

2020 GEL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.7194. Conversely, the yearly low was recorded on March 25, dropping to 0.5780.

This high-to-low spread represents a total annual volatility of 0.1414 BBD. From a start-to-finish perspective, comparing the January average rate of 0.6950 to the December average rate of 0.6071, 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 0.7194 was down 5.22% compared to the 2019 peak of 0.7590, 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 3,597 BBD
2019 Average 3,557 BBD
Yearly Trough Low 2,890 BBD
Transaction Impact: A difference of 706.95 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7136
0.5928
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 0.6623, compared to 0.6263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 0.6623
H2 Avg (Jul–Dec) 0.6263

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1401 BBD (High: 0.7181 / Low: 0.5780). On the other end, August was the most stable month, with a tight range of 0.0048 BBD (High: 0.6483 / Low: 0.6435).

March Spread (Volatile) ±0.1401
August Spread (Stable) ±0.0048

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 0.0389 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.7035) against the same month in 2019 (average: 0.7540), the exchange rate shifted by -0.0505 (-6.69%).

2020 Avg (February) 0.7035
2019 Avg (February) 0.7540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7018 0.6908 0.6950
February 0.7194 0.6920 0.7035
March 0.7181 0.5780 0.6674
April 0.6369 0.6088 0.6284
May 0.6279 0.6211 0.6244
June 0.6780 0.6270 0.6548
July 0.6547 0.6462 0.6509
August 0.6483 0.6435 0.6470
September 0.6504 0.5970 0.6297
October 0.6240 0.6107 0.6202
November 0.6173 0.5848 0.6028
December 0.6112 0.6015 0.6071