YEARLY HIGH
2.4699 DKK
YEARLY LOW
1.8389 DKK
YEARLY AVERAGE
2.1091 DKK

2020 GEL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 2.4699. Conversely, the yearly low was recorded on December 17, dropping to 1.8389.

This high-to-low spread represents a total annual volatility of 0.6310 DKK. From a start-to-finish perspective, comparing the January average rate of 2.3387 to the December average rate of 1.8557, the exchange rate registered a net change of -20.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4699 was down 1.63% compared to the 2019 peak of 2.5109, 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 12,350 DKK
2019 Average 11,857 DKK
Yearly Trough Low 9,194 DKK
Transaction Impact: A difference of 3,155.17 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4629
1.8005
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 2.2429, compared to 1.9753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2676 points.

H1 Avg (Jan–Jun) 2.2429
H2 Avg (Jul–Dec) 1.9753

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4541 DKK (High: 2.4238 / Low: 1.9697). On the other end, January was the most stable month, with a tight range of 0.0311 DKK (High: 2.3537 / Low: 2.3226).

March Spread (Volatile) ±0.4541
January Spread (Stable) ±0.0311

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 February and March, when the average rate fell by 0.1565 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.4077) against the same month in 2019 (average: 2.4789), the exchange rate shifted by -0.0712 (-2.87%).

2020 Avg (February) 2.4077
2019 Avg (February) 2.4789

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3537 2.3226 2.3387
February 2.4699 2.3304 2.4077
March 2.4238 1.9697 2.2512
April 2.1870 2.0747 2.1576
May 2.1530 2.1054 2.1334
June 2.2388 2.0800 2.1687
July 2.1687 2.0259 2.1155
August 2.0571 2.0170 2.0363
September 2.0474 1.8930 1.9877
October 1.9789 1.9352 1.9615
November 1.9738 1.8433 1.8950
December 1.8740 1.8389 1.8557