2020 GEL to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 5.6449. Conversely, the yearly low was recorded on March 25, dropping to 4.5504.
This high-to-low spread represents a total annual volatility of 1.0945 EGP. From a start-to-finish perspective, comparing the January average rate of 5.5247 to the December average rate of 4.7630, the exchange rate registered a net change of -13.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 5.6449 was down 16.39% compared to the 2019 peak of 6.7512, 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 EGP 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 5.2403, compared to 4.9475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2928 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.0945 EGP (High: 5.6449 / Low: 4.5504). On the other end, August was the most stable month, with a tight range of 0.0815 EGP (High: 5.1947 / Low: 5.1132).
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 February and March, when the average rate fell by 0.2833 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 5.2331) against the same month in 2019 (average: 6.4790), the exchange rate shifted by -1.2459 (-19.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.6274 | 5.4567 | 5.5247 |
| February | 5.6063 | 5.4579 | 5.5164 |
| March | 5.6449 | 4.5504 | 5.2331 |
| April | 5.0218 | 4.7938 | 4.9541 |
| May | 4.9788 | 4.8334 | 4.9205 |
| June | 5.5017 | 5.0269 | 5.2929 |
| July | 5.2784 | 5.1600 | 5.2095 |
| August | 5.1947 | 5.1132 | 5.1555 |
| September | 5.1442 | 4.7036 | 4.9680 |
| October | 4.9063 | 4.8094 | 4.8711 |
| November | 4.8488 | 4.5872 | 4.7178 |
| December | 4.8070 | 4.7099 | 4.7630 |