2019 GEL to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 624.5474. Conversely, the yearly low was recorded on October 1, dropping to 555.2654.
This high-to-low spread represents a total annual volatility of 69.2819 CDF. From a start-to-finish perspective, comparing the January average rate of 613.8954 to the December average rate of 580.5112, the exchange rate registered a net change of -5.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 624.5474 was down 7.86% compared to the 2018 peak of 677.8380, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GEL to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 607.4873, compared to 568.2976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 39.1897 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 35.9443 CDF (High: 594.8122 / Low: 558.8679). On the other end, April was the most stable month, with a tight range of 5.9717 CDF (High: 610.7776 / Low: 604.8059).
Growth Streaks & Declines
TrendsNo 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 17.9162 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 617.5506) against the same month in 2018 (average: 654.8787), the exchange rate shifted by -37.3281 (-5.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 620.0816 | 607.4766 | 613.8954 |
| February | 624.5474 | 608.9529 | 617.5506 |
| March | 615.4726 | 606.8837 | 610.2797 |
| April | 610.7776 | 604.8059 | 608.1421 |
| May | 606.6274 | 586.8926 | 597.8044 |
| June | 608.3345 | 579.9591 | 597.2516 |
| July | 594.8122 | 558.8679 | 579.3354 |
| August | 571.2807 | 555.8207 | 565.9197 |
| September | 566.1317 | 559.0594 | 562.1944 |
| October | 565.7046 | 555.2654 | 561.1516 |
| November | 563.3873 | 556.9006 | 560.6732 |
| December | 590.5633 | 560.6061 | 580.5112 |