2020 GEL to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 305.8424. Conversely, the yearly low was recorded on December 31, dropping to 216.2865.
This high-to-low spread represents a total annual volatility of 89.5559 CLP. From a start-to-finish perspective, comparing the January average rate of 268.8539 to the December average rate of 221.7254, the exchange rate registered a net change of -17.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 305.8424 was up 5.70% compared to the 2019 peak of 289.3420, 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 2020.
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 269.1675, compared to 241.4288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.7387 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 64.0347 CLP (High: 305.8424 / Low: 241.8077). On the other end, October was the most stable month, with a tight range of 11.0612 CLP (High: 249.3329 / Low: 238.2716).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 14.2958 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 280.2354) against the same month in 2019 (average: 250.0734), the exchange rate shifted by +30.1620 (+12.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 276.9199 | 258.9513 | 268.8539 |
| February | 293.1537 | 272.4915 | 280.8113 |
| March | 305.8424 | 241.8077 | 280.2354 |
| April | 273.9556 | 259.7512 | 268.0714 |
| May | 262.6478 | 250.4356 | 255.9956 |
| June | 268.9035 | 246.3010 | 261.0375 |
| July | 262.9594 | 244.8871 | 255.1089 |
| August | 261.8150 | 244.8871 | 254.1008 |
| September | 252.0975 | 234.2089 | 243.5284 |
| October | 249.3329 | 238.2716 | 244.2025 |
| November | 238.6727 | 221.0820 | 229.9067 |
| December | 228.9156 | 216.2865 | 221.7254 |