2020 GEL to CDF Historical Review

YEARLY HIGH

644.7326 CDF

YEARLY LOW

447.1306 CDF

YEARLY AVERAGE

594.7799 CDF

2020 GEL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 644.7326. Conversely, the yearly low was recorded on December 6, dropping to 447.1306.

This high-to-low spread represents a total annual volatility of 197.6019 CDF. From a start-to-finish perspective, comparing the January average rate of 586.0841 to the December average rate of 593.4491, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 644.7326 was up 3.23% compared to the 2019 peak of 624.5474, 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 3,223,663 CDF

2019 Average 2,938,563 CDF

Yearly Trough Low 2,235,653 CDF

Transaction Impact: A difference of 988,009.69 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

644.7278

530.3908

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 576.6857, compared to 612.8741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.1883 points.

H1 Avg (Jan–Jun) 576.6857

H2 Avg (Jul–Dec) 612.8741

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 155.7545 CDF (High: 602.8852 / Low: 447.1306). On the other end, January was the most stable month, with a tight range of 9.1318 CDF (High: 591.5153 / Low: 582.3834).

December Spread (Volatile) ±155.7545

January Spread (Stable) ±9.1318

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 28.7416 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -28.7416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 635.1998) against the same month in 2019 (average: 565.9197), the exchange rate shifted by +69.2801 (+12.24%).

2020 Avg (August) 635.1998

2019 Avg (August) 565.9197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	591.5153	582.3834	586.0841
February	610.0260	583.1315	594.6808
March	612.4729	494.0930	568.6604
April	547.6592	520.7415	539.9189
May	573.7434	537.0001	557.7524
June	629.3658	572.4138	613.0178
July	643.1739	625.3247	633.2480
August	644.7326	629.0922	635.1998
September	637.6339	585.2293	617.9860
October	613.9730	561.0140	604.6906
November	605.7277	574.6906	592.6710
December	602.8852	447.1306	593.4491