YEARLY HIGH
0.5022 CAD
YEARLY LOW
0.3826 CAD
YEARLY AVERAGE
0.4321 CAD

2020 GEL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.5022. Conversely, the yearly low was recorded on November 5, dropping to 0.3826.

This high-to-low spread represents a total annual volatility of 0.1197 CAD. From a start-to-finish perspective, comparing the January average rate of 0.4545 to the December average rate of 0.3888, the exchange rate registered a net change of -14.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5022 was down 1.45% compared to the 2019 peak of 0.5096, 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 2,511 CAD
2019 Average 2,360 CAD
Yearly Trough Low 1,913 CAD
Transaction Impact: A difference of 598.32 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4751
0.3810
JanuMarcMayJulySeptNove

GEL to CAD 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 0.4514, compared to 0.4128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 0.4514
H2 Avg (Jul–Dec) 0.4128

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0929 CAD (High: 0.5022 / Low: 0.4094). On the other end, January was the most stable month, with a tight range of 0.0061 CAD (High: 0.4580 / Low: 0.4520).

March Spread (Volatile) ±0.0929
January Spread (Stable) ±0.0061

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 0.0227 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4643) against the same month in 2019 (average: 0.4984), the exchange rate shifted by -0.0341 (-6.84%).

2020 Avg (March) 0.4643
2019 Avg (March) 0.4984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4580 0.4520 0.4545
February 0.4801 0.4580 0.4673
March 0.5022 0.4094 0.4643
April 0.4511 0.4302 0.4417
May 0.4450 0.4305 0.4368
June 0.4550 0.4230 0.4438
July 0.4436 0.4324 0.4397
August 0.4343 0.4219 0.4283
September 0.4285 0.3973 0.4161
October 0.4150 0.4057 0.4096
November 0.4126 0.3826 0.3942
December 0.3931 0.3842 0.3888