2019 GEL to BZD Historical Review

YEARLY HIGH

0.7650 BZD

YEARLY LOW

0.6732 BZD

YEARLY AVERAGE

0.7170 BZD

2019 GEL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.7650. Conversely, the yearly low was recorded on October 1, dropping to 0.6732.

This high-to-low spread represents a total annual volatility of 0.0918 BZD. From a start-to-finish perspective, comparing the January average rate of 0.7564 to the December average rate of 0.6971, the exchange rate registered a net change of -7.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7650 was down 7.93% compared to the 2018 peak of 0.8309, 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 3,825 BZD

2018 Average 4,048 BZD

Yearly Trough Low 3,366 BZD

Transaction Impact: A difference of 459.07 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7680

0.6711

JanuMarcMayJulySeptNove

GEL to BZD 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 0.7459, compared to 0.6881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0578 points.

H1 Avg (Jan–Jun) 0.7459

H2 Avg (Jul–Dec) 0.6881

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0425 BZD (High: 0.7212 / Low: 0.6787). On the other end, April was the most stable month, with a tight range of 0.0073 BZD (High: 0.7507 / Low: 0.7434).

July Spread (Volatile) ±0.0425

April Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0240 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.7599) against the same month in 2018 (average: 0.8174), the exchange rate shifted by -0.0575 (-7.03%).

2019 Avg (February) 0.7599

2018 Avg (February) 0.8174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7596	0.7503	0.7564
February	0.7650	0.7496	0.7599
March	0.7577	0.7434	0.7508
April	0.7507	0.7434	0.7476
May	0.7451	0.7185	0.7327
June	0.7411	0.7049	0.7277
July	0.7212	0.6787	0.7036
August	0.6937	0.6774	0.6879
September	0.6856	0.6747	0.6808
October	0.6846	0.6732	0.6799
November	0.6827	0.6742	0.6792
December	0.7061	0.6785	0.6971