2019 GEL to CVE Historical Review

YEARLY HIGH

37.2296 CVE

YEARLY LOW

33.3841 CVE

YEARLY AVERAGE

35.1358 CVE

2019 GEL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 37.2296. Conversely, the yearly low was recorded on July 31, dropping to 33.3841.

This high-to-low spread represents a total annual volatility of 3.8455 CVE. From a start-to-finish perspective, comparing the January average rate of 36.3561 to the December average rate of 34.4957, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 37.2296 was down 7.06% compared to the 2018 peak of 40.0573, 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 186,148 CVE

2018 Average 188,627 CVE

Yearly Trough Low 166,920 CVE

Transaction Impact: A difference of 19,227.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

37.0092

33.4602

JanuMarcMayJulySeptNove

GEL to CVE 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 36.2431, compared to 34.0284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2147 points.

H1 Avg (Jan–Jun) 36.2431

H2 Avg (Jul–Dec) 34.0284

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 2.1009 CVE (High: 36.0987 / Low: 33.9978). On the other end, April was the most stable month, with a tight range of 0.3928 CVE (High: 36.7299 / Low: 36.3371).

June Spread (Volatile) ±2.1009

April Spread (Stable) ±0.3928

Growth Streaks & Declines

Trends

No 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 1.0671 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.0671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 36.7135) against the same month in 2018 (average: 36.4472), the exchange rate shifted by +0.2663 (+0.73%).

2019 Avg (February) 36.7135

2018 Avg (February) 36.4472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.7152	35.9909	36.3561
February	37.2296	36.1989	36.7135
March	36.7350	36.2299	36.4759
April	36.7299	36.3371	36.5456
May	36.5762	35.2763	35.9541
June	36.0987	33.9978	35.4136
July	35.0184	33.3841	34.3465
August	34.2347	33.6118	33.8955
September	34.2347	33.6771	33.8936
October	34.0641	33.4570	33.7832
November	34.0203	33.4114	33.7559
December	34.9737	33.7090	34.4957