2020 GEL to ETB Historical Review

YEARLY HIGH

11.9953 ETB

YEARLY LOW

9.4552 ETB

YEARLY AVERAGE

11.2288 ETB

2020 GEL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 11.9953. Conversely, the yearly low was recorded on March 25, dropping to 9.4552.

This high-to-low spread represents a total annual volatility of 2.5401 ETB. From a start-to-finish perspective, comparing the January average rate of 11.1403 to the December average rate of 11.7502, the exchange rate registered a net change of 5.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.9953 was up 7.34% compared to the 2019 peak of 11.1751, 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 59,976 ETB

2019 Average 51,913 ETB

Yearly Trough Low 47,276 ETB

Transaction Impact: A difference of 12,700.31 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.8867

10.2484

JanuMarcMayJulySeptNove

GEL to ETB 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 10.9156, compared to 11.5421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6266 points.

H1 Avg (Jan–Jun) 10.9156

H2 Avg (Jul–Dec) 11.5421

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.2475 ETB (High: 11.7027 / Low: 9.4552). On the other end, January was the most stable month, with a tight range of 0.1988 ETB (High: 11.2390 / Low: 11.0401).

March Spread (Volatile) ±2.2475

January Spread (Stable) ±0.1988

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4918 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 11.7502) against the same month in 2019 (average: 10.8923), the exchange rate shifted by +0.8579 (+7.88%).

2020 Avg (December) 11.7502

2019 Avg (December) 10.8923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2390	11.0401	11.1403
February	11.6187	10.9536	11.2915
March	11.7027	9.4552	10.8767
April	10.5755	10.0620	10.3850
May	10.7416	10.3210	10.5365
June	11.6389	10.7524	11.2633
July	11.5277	11.3203	11.4507
August	11.7008	11.3234	11.5651
September	11.9524	10.9900	11.5343
October	11.7570	11.2239	11.5377
November	11.6667	10.9891	11.4147
December	11.9953	11.4962	11.7502