2019 GEL to BRL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to BRL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 1.4932. Conversely, the yearly low was recorded on July 30, dropping to 1.2828.
This high-to-low spread represents a total annual volatility of 0.2104 BRL. From a start-to-finish perspective, comparing the January average rate of 1.4042 to the December average rate of 1.4210, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 1.4932 was down 13.14% compared to the 2018 peak of 1.7191, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GEL to BRL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.4227, compared to 1.3806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0421 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.1192 BRL (High: 1.4205 / Low: 1.3013). On the other end, December was the most stable month, with a tight range of 0.0379 BRL (High: 1.4390 / Low: 1.4011).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0762 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2019: 1.4535) against the same month in 2018 (average: 1.4799), the exchange rate shifted by -0.0264 (-1.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4483 | 1.3726 | 1.4042 |
| February | 1.4232 | 1.3768 | 1.4023 |
| March | 1.4842 | 1.4062 | 1.4339 |
| April | 1.4782 | 1.4195 | 1.4470 |
| May | 1.4932 | 1.4091 | 1.4535 |
| June | 1.4221 | 1.3378 | 1.3950 |
| July | 1.3674 | 1.2828 | 1.3188 |
| August | 1.4205 | 1.3013 | 1.3733 |
| September | 1.4238 | 1.3723 | 1.3919 |
| October | 1.4074 | 1.3449 | 1.3775 |
| November | 1.4358 | 1.3469 | 1.4009 |
| December | 1.4390 | 1.4011 | 1.4210 |