2020 GEL to BND Historical Review

YEARLY HIGH

0.5090 BND

YEARLY LOW

0.3975 BND

YEARLY AVERAGE

0.4444 BND

2020 GEL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.5090. Conversely, the yearly low was recorded on November 5, dropping to 0.3975.

This high-to-low spread represents a total annual volatility of 0.1115 BND. From a start-to-finish perspective, comparing the January average rate of 0.4694 to the December average rate of 0.4045, the exchange rate registered a net change of -13.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5090 was down 14.25% compared to the 2019 peak of 0.5936, 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 2,545 BND

2019 Average 2,446 BND

Yearly Trough Low 1,988 BND

Transaction Impact: A difference of 557.45 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4971

0.3961

JanuMarcMayJulySeptNove

GEL to BND 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 0.4627, compared to 0.4262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 0.4627

H2 Avg (Jul–Dec) 0.4262

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0914 BND (High: 0.5090 / Low: 0.4176). On the other end, January was the most stable month, with a tight range of 0.0062 BND (High: 0.4728 / Low: 0.4666).

March Spread (Volatile) ±0.0914

January Spread (Stable) ±0.0062

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 0.0244 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4719) against the same month in 2019 (average: 0.5037), the exchange rate shifted by -0.0318 (-6.31%).

2020 Avg (March) 0.4719

2019 Avg (March) 0.5037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4728	0.4666	0.4694
February	0.5037	0.4725	0.4887
March	0.5090	0.4176	0.4719
April	0.4544	0.4364	0.4475
May	0.4476	0.4376	0.4424
June	0.4723	0.4386	0.4562
July	0.4564	0.4441	0.4519
August	0.4462	0.4398	0.4431
September	0.4445	0.4085	0.4299
October	0.4250	0.4159	0.4215
November	0.4210	0.3975	0.4062
December	0.4082	0.4008	0.4045