YEARLY HIGH
2.5109 DKK
YEARLY LOW
2.2544 DKK
YEARLY AVERAGE
2.3720 DKK

2019 GEL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 2.5109. Conversely, the yearly low was recorded on October 19, dropping to 2.2544.

This high-to-low spread represents a total annual volatility of 0.2565 DKK. From a start-to-finish perspective, comparing the January average rate of 2.4553 to the December average rate of 2.3257, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.5109 was down 7.55% compared to the 2018 peak of 2.7159, 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 12,554 DKK
2018 Average 12,715 DKK
Yearly Trough Low 11,272 DKK
Transaction Impact: A difference of 1,282.43 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.4989
2.2585
JanuMarcMayJulySeptNove

GEL to DKK 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 2.4461, compared to 2.2979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1482 points.

H1 Avg (Jan–Jun) 2.4461
H2 Avg (Jul–Dec) 2.2979

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1367 DKK (High: 2.4315 / Low: 2.2948). On the other end, April was the most stable month, with a tight range of 0.0330 DKK (High: 2.4833 / Low: 2.4503).

June Spread (Volatile) ±0.1367
April Spread (Stable) ±0.0330

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 0.0630 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.4789) against the same month in 2018 (average: 2.4521), the exchange rate shifted by +0.0268 (+1.09%).

2019 Avg (February) 2.4789
2018 Avg (February) 2.4521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4798 2.4248 2.4553
February 2.5109 2.4374 2.4789
March 2.4810 2.4320 2.4630
April 2.4833 2.4503 2.4665
May 2.4702 2.3908 2.4262
June 2.4315 2.2948 2.3867
July 2.3785 2.2651 2.3237
August 2.3073 2.2728 2.2900
September 2.3131 2.2763 2.2904
October 2.3063 2.2544 2.2792
November 2.2969 2.2586 2.2786
December 2.3602 2.2712 2.3257