YEARLY HIGH
0.7253 BZD
YEARLY LOW
0.5807 BZD
YEARLY AVERAGE
0.6491 BZD

2020 GEL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.7253. Conversely, the yearly low was recorded on March 25, dropping to 0.5807.

This high-to-low spread represents a total annual volatility of 0.1447 BZD. From a start-to-finish perspective, comparing the January average rate of 0.7004 to the December average rate of 0.6120, the exchange rate registered a net change of -12.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7253 was down 5.19% compared to the 2019 peak of 0.7650, 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 3,627 BZD
2019 Average 3,584 BZD
Yearly Trough Low 2,903 BZD
Transaction Impact: A difference of 723.41 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7193
0.5973
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 0.6670, compared to 0.6311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 0.6670
H2 Avg (Jul–Dec) 0.6311

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1442 BZD (High: 0.7248 / Low: 0.5807). On the other end, May was the most stable month, with a tight range of 0.0072 BZD (High: 0.6330 / Low: 0.6258).

March Spread (Volatile) ±0.1442
May Spread (Stable) ±0.0072

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 0.0392 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.7091) against the same month in 2019 (average: 0.7599), the exchange rate shifted by -0.0508 (-6.69%).

2020 Avg (February) 0.7091
2019 Avg (February) 0.7599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7084 0.6962 0.7004
February 0.7253 0.6974 0.7091
March 0.7248 0.5807 0.6715
April 0.6411 0.6139 0.6322
May 0.6330 0.6258 0.6291
June 0.6833 0.6317 0.6599
July 0.6598 0.6492 0.6559
August 0.6553 0.6466 0.6515
September 0.6555 0.6013 0.6347
October 0.6290 0.6150 0.6250
November 0.6220 0.5895 0.6075
December 0.6163 0.6063 0.6120