2019 GEL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 1227.4286. Conversely, the yearly low was recorded on July 25, dropping to 1095.2823.
This high-to-low spread represents a total annual volatility of 132.1463 COP. From a start-to-finish perspective, comparing the January average rate of 1188.0470 to the December average rate of 1167.8705, the exchange rate registered a net change of -1.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1227.4286 was down 6.64% compared to the 2018 peak of 1314.7665, 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 COP 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 1179.6156, compared to 1150.8464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 28.7692 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 112.5268 COP (High: 1227.4286 / Low: 1114.9018). On the other end, May was the most stable month, with a tight range of 22.6830 COP (High: 1214.9169 / Low: 1192.2339).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 56.2718 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 1175.5495) against the same month in 2018 (average: 1176.9694), the exchange rate shifted by -1.4199 (-0.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1226.5236 | 1172.2829 | 1188.0470 |
| February | 1193.4663 | 1147.7592 | 1174.7460 |
| March | 1181.1883 | 1146.6399 | 1165.7950 |
| April | 1201.8891 | 1148.7239 | 1172.2765 |
| May | 1214.9169 | 1192.2339 | 1201.2796 |
| June | 1227.4286 | 1114.9018 | 1175.5495 |
| July | 1146.3881 | 1095.2823 | 1119.2777 |
| August | 1190.7017 | 1107.4926 | 1162.7037 |
| September | 1175.1122 | 1130.3410 | 1148.0950 |
| October | 1176.9497 | 1134.7147 | 1159.5819 |
| November | 1179.3272 | 1119.8029 | 1147.5495 |
| December | 1188.6519 | 1144.6068 | 1167.8705 |