2020 GEL to BTN Historical Review

YEARLY HIGH

26.5860 BTN

YEARLY LOW

21.7887 BTN

YEARLY AVERAGE

23.8452 BTN

2020 GEL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 26.5860. Conversely, the yearly low was recorded on November 5, dropping to 21.7887.

This high-to-low spread represents a total annual volatility of 4.7973 BTN. From a start-to-finish perspective, comparing the January average rate of 24.7531 to the December average rate of 22.3508, the exchange rate registered a net change of -9.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 26.5860 was down 1.76% compared to the 2019 peak of 27.0616, 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 132,930 BTN

2019 Average 125,099 BTN

Yearly Trough Low 108,944 BTN

Transaction Impact: A difference of 23,986.37 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

25.4174

22.0721

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 24.4984, compared to 23.1920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3063 points.

H1 Avg (Jan–Jun) 24.4984

H2 Avg (Jul–Dec) 23.1920

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.6016 BTN (High: 26.5860 / Low: 21.9844). On the other end, December was the most stable month, with a tight range of 0.4146 BTN (High: 22.5909 / Low: 22.1764).

March Spread (Volatile) ±4.6016

December Spread (Stable) ±0.4146

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 August and September, when the average rate fell by 1.0102 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 24.7759) against the same month in 2019 (average: 25.9114), the exchange rate shifted by -1.1356 (-4.38%).

2020 Avg (March) 24.7759

2019 Avg (March) 25.9114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.1140	24.4984	24.7531
February	25.8801	24.6637	25.1386
March	26.5860	21.9844	24.7759
April	24.4158	22.9434	23.9240
May	23.8284	23.3041	23.6028
June	25.6411	23.6569	24.7959
July	24.5895	24.1510	24.3872
August	24.3459	23.7166	24.1207
September	23.8046	21.9673	23.1106
October	23.0066	22.4989	22.8026
November	23.0066	21.7887	22.3802
December	22.5909	22.1764	22.3508