YEARLY HIGH
18.8065 GMD
YEARLY LOW
16.8199 GMD
YEARLY AVERAGE
17.8157 GMD

2019 GEL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 18.8065. Conversely, the yearly low was recorded on July 31, dropping to 16.8199.

This high-to-low spread represents a total annual volatility of 1.9866 GMD. From a start-to-finish perspective, comparing the January average rate of 18.5889 to the December average rate of 17.7552, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 18.8065 was down 7.28% compared to the 2018 peak of 20.2821, 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 94,032 GMD
2018 Average 96,798 GMD
Yearly Trough Low 84,099 GMD
Transaction Impact: A difference of 9,932.93 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.8446
16.8519
JanuMarcMayJulySeptNove

GEL to GMD 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 18.3519, compared to 17.2794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0725 points.

H1 Avg (Jan–Jun) 18.3519
H2 Avg (Jul–Dec) 17.2794

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.9708 GMD (High: 17.7907 / Low: 16.8199). On the other end, April was the most stable month, with a tight range of 0.1490 GMD (High: 18.4870 / Low: 18.3380).

July Spread (Volatile) ±0.9708
April Spread (Stable) ±0.1490

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.4984 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 18.6785) against the same month in 2018 (average: 19.2471), the exchange rate shifted by -0.5686 (-2.95%).

2019 Avg (February) 18.6785
2018 Avg (February) 19.2471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.6667 18.4086 18.5889
February 18.8065 18.4201 18.6785
March 18.6278 18.4360 18.5026
April 18.4870 18.3380 18.3990
May 18.3725 17.7326 18.0435
June 18.3088 17.3776 17.8991
July 17.7907 16.8199 17.4007
August 17.2289 16.9424 17.1265
September 17.1735 16.8571 17.0179
October 17.4312 16.9179 17.1241
November 17.3435 17.0929 17.2520
December 17.9895 17.2614 17.7552