YEARLY HIGH
21.1290 DOP
YEARLY LOW
15.5891 DOP
YEARLY AVERAGE
18.1837 DOP

2020 GEL to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 21.1290. Conversely, the yearly low was recorded on March 25, dropping to 15.5891.

This high-to-low spread represents a total annual volatility of 5.5399 DOP. From a start-to-finish perspective, comparing the January average rate of 18.4799 to the December average rate of 17.6579, the exchange rate registered a net change of -4.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.1290 was up 10.01% compared to the 2019 peak of 19.2069, 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 105,645 DOP
2019 Average 91,267 DOP
Yearly Trough Low 77,946 DOP
Transaction Impact: A difference of 27,699.45 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.2071
16.8346
JanuMarcMayJulySeptNove

GEL to DOP 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 18.0901, compared to 18.2773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1872 points.

H1 Avg (Jan–Jun) 18.0901
H2 Avg (Jul–Dec) 18.2773

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.5399 DOP (High: 21.1290 / Low: 15.5891). On the other end, December was the most stable month, with a tight range of 0.2646 DOP (High: 17.7684 / Low: 17.5038).

March Spread (Volatile) ±5.5399
December Spread (Stable) ±0.2646

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.9720 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 18.0043) against the same month in 2019 (average: 18.8904), the exchange rate shifted by -0.8862 (-4.69%).

2020 Avg (March) 18.0043
2019 Avg (March) 18.8904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.6273 18.3160 18.4799
February 19.2495 18.3263 18.7862
March 21.1290 15.5891 18.0043
April 17.3132 16.4382 17.0323
May 17.7512 16.9425 17.2524
June 19.5254 17.7445 18.9854
July 19.1653 18.8490 19.0094
August 19.0697 18.7579 18.9151
September 19.0016 17.4256 18.4023
October 18.2543 17.8309 18.1176
November 18.0420 17.0619 17.5617
December 17.7684 17.5038 17.6579