2020 GEL to CVE Historical Review

YEARLY HIGH

83.3511 CVE

YEARLY LOW

27.3485 CVE

YEARLY AVERAGE

31.4569 CVE

2020 GEL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 83.3511. Conversely, the yearly low was recorded on December 17, dropping to 27.3485.

This high-to-low spread represents a total annual volatility of 56.0026 CVE. From a start-to-finish perspective, comparing the January average rate of 34.6313 to the December average rate of 27.5996, the exchange rate registered a net change of -20.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 83.3511 was up 123.88% compared to the 2019 peak of 37.2296, 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 416,756 CVE

2019 Average 175,627 CVE

Yearly Trough Low 136,742 CVE

Transaction Impact: A difference of 280,013.24 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

36.4923

26.7912

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 33.5403, compared to 29.3735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1668 points.

H1 Avg (Jan–Jun) 33.5403

H2 Avg (Jul–Dec) 29.3735

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 53.8322 CVE (High: 83.3511 / Low: 29.5190). On the other end, December was the most stable month, with a tight range of 0.5021 CVE (High: 27.8506 / Low: 27.3485).

March Spread (Volatile) ±53.8322

December Spread (Stable) ±0.5021

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.0577 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.0577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 35.0613) against the same month in 2019 (average: 36.4759), the exchange rate shifted by -1.4146 (-3.88%).

2020 Avg (March) 35.0613

2019 Avg (March) 36.4759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.8785	34.3732	34.6313
February	36.5647	34.6626	35.6839
March	83.3511	29.5190	35.0613
April	32.4241	30.8524	32.0036
May	31.9782	31.2402	31.6484
June	33.2712	30.8715	32.2133
July	32.5284	30.3554	31.5224
August	30.5900	29.8107	30.2047
September	30.3754	28.2388	29.5446
October	29.4237	28.8099	29.1764
November	29.2462	27.6257	28.1933
December	27.8506	27.3485	27.5996