2020 GEL to CZK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to CZK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 8.7678. Conversely, the yearly low was recorded on December 17, dropping to 6.4588.
This high-to-low spread represents a total annual volatility of 2.3090 CZK. From a start-to-finish perspective, comparing the January average rate of 7.8934 to the December average rate of 6.5561, the exchange rate registered a net change of -16.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 8.7678 was up 0.99% compared to the 2019 peak of 8.6815, 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 CZK 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 7.9037, compared to 7.0487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8549 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.5959 CZK (High: 8.7678 / Low: 7.1719). On the other end, January was the most stable month, with a tight range of 0.1630 CZK (High: 7.9588 / Low: 7.7958).
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 0.4349 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 7.9966) against the same month in 2019 (average: 8.4772), the exchange rate shifted by -0.4806 (-5.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.9588 | 7.7958 | 7.8934 |
| February | 8.3500 | 7.8662 | 8.0822 |
| March | 8.7678 | 7.1719 | 7.9966 |
| April | 8.1025 | 7.6472 | 7.8858 |
| May | 7.9918 | 7.6101 | 7.8048 |
| June | 7.9880 | 7.4232 | 7.7592 |
| July | 7.7658 | 7.1369 | 7.5344 |
| August | 7.2430 | 7.0725 | 7.1567 |
| September | 7.2933 | 6.8910 | 7.1421 |
| October | 7.2447 | 6.9821 | 7.1690 |
| November | 7.2278 | 6.5942 | 6.7341 |
| December | 6.6391 | 6.4588 | 6.5561 |