2020 GEL to BGN Historical Review

YEARLY HIGH

0.6466 BGN

YEARLY LOW

0.4837 BGN

YEARLY AVERAGE

0.5534 BGN

2020 GEL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.6466. Conversely, the yearly low was recorded on December 17, dropping to 0.4837.

This high-to-low spread represents a total annual volatility of 0.1630 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6121 to the December average rate of 0.4879, 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 0.6466 was down 1.72% compared to the 2019 peak of 0.6579, 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 3,233 BGN

2019 Average 3,106 BGN

Yearly Trough Low 2,418 BGN

Transaction Impact: A difference of 814.79 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6443

0.4736

JanuMarcMayJulySeptNove

GEL to BGN 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 0.5877, compared to 0.5190 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) 0.5877

H2 Avg (Jul–Dec) 0.5190

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1189 BGN (High: 0.6353 / Low: 0.5164). On the other end, January was the most stable month, with a tight range of 0.0080 BGN (High: 0.6159 / Low: 0.6079).

March Spread (Volatile) ±0.1189

January Spread (Stable) ±0.0080

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 0.0401 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.6301) against the same month in 2019 (average: 0.6497), the exchange rate shifted by -0.0196 (-3.02%).

2020 Avg (February) 0.6301

2019 Avg (February) 0.6497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6159	0.6079	0.6121
February	0.6466	0.6103	0.6301
March	0.6353	0.5164	0.5899
April	0.5733	0.5435	0.5655
May	0.5646	0.5529	0.5597
June	0.5874	0.5458	0.5690
July	0.5696	0.5334	0.5557
August	0.5400	0.5298	0.5348
September	0.5391	0.4973	0.5226
October	0.5202	0.5085	0.5153
November	0.5177	0.4840	0.4978
December	0.4925	0.4837	0.4879