2020 GEL to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |