2019 GEL to BTN Historical Review

YEARLY HIGH

27.0616 BTN

YEARLY LOW

23.1663 BTN

YEARLY AVERAGE

25.0312 BTN

2019 GEL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 27.0616. Conversely, the yearly low was recorded on July 31, dropping to 23.1663.

This high-to-low spread represents a total annual volatility of 3.8952 BTN. From a start-to-finish perspective, comparing the January average rate of 26.5197 to the December average rate of 24.6170, the exchange rate registered a net change of -7.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 27.0616 was down 10.95% compared to the 2018 peak of 30.3905, 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 135,308 BTN

2018 Average 137,650 BTN

Yearly Trough Low 115,832 BTN

Transaction Impact: A difference of 19,476.15 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

27.0931

23.6807

JanuMarcMayJulySeptNove

GEL to BTN 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 25.9114, compared to 24.1511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7603 points.

H1 Avg (Jan–Jun) 25.9114

H2 Avg (Jul–Dec) 24.1511

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 1.3888 BTN (High: 24.5552 / Low: 23.1663). On the other end, October was the most stable month, with a tight range of 0.4067 BTN (High: 24.1252 / Low: 23.7186).

July Spread (Volatile) ±1.3888

October Spread (Stable) ±0.4067

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.0945 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 26.8088) against the same month in 2018 (average: 26.1738), the exchange rate shifted by +0.6350 (+2.43%).

2019 Avg (February) 26.8088

2018 Avg (February) 26.1738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.8815	25.9721	26.5197
February	27.0616	26.3043	26.8088
March	26.6287	25.5435	25.9114
April	26.0134	25.4996	25.7877
May	25.7376	24.9068	25.3628
June	25.5251	24.1861	25.0779
July	24.5552	23.1663	23.9834
August	24.4909	23.4177	24.2072
September	24.4361	23.7469	24.0615
October	24.1252	23.7186	23.9651
November	24.3890	23.8416	24.0723
December	24.9750	24.1087	24.6170