2019 GEL to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 289.3420. Conversely, the yearly low was recorded on July 30, dropping to 236.6172.
This high-to-low spread represents a total annual volatility of 52.7247 CLP. From a start-to-finish perspective, comparing the January average rate of 253.5212 to the December average rate of 265.4573, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 289.3420 was up 1.72% compared to the 2018 peak of 284.4373, 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 CLP 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 249.9173, compared to 249.7424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1749 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 37.7798 CLP (High: 288.3700 / Low: 250.5902). On the other end, April was the most stable month, with a tight range of 5.4135 CLP (High: 250.7165 / Low: 245.3030).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.8871 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 265.4573) against the same month in 2018 (average: 257.1240), the exchange rate shifted by +8.3333 (+3.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 260.4918 | 249.5927 | 253.5212 |
| February | 251.9081 | 241.3394 | 247.3625 |
| March | 253.7524 | 246.1531 | 250.0734 |
| April | 250.7165 | 245.3030 | 247.4327 |
| May | 254.8223 | 249.1634 | 251.4715 |
| June | 255.8666 | 237.3427 | 249.6422 |
| July | 244.7245 | 236.6172 | 239.7551 |
| August | 248.2597 | 239.4888 | 243.7139 |
| September | 246.7653 | 238.9221 | 242.5416 |
| October | 251.8105 | 239.2255 | 243.3413 |
| November | 288.3700 | 250.5902 | 263.6449 |
| December | 289.3420 | 256.1888 | 265.4573 |