2019 GEL to GNF Historical Review

YEARLY HIGH

3499.0512 GNF

YEARLY LOW

3045.5525 GNF

YEARLY AVERAGE

3283.3864 GNF

2019 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 3499.0512. Conversely, the yearly low was recorded on November 12, dropping to 3045.5525.

This high-to-low spread represents a total annual volatility of 453.4987 GNF. From a start-to-finish perspective, comparing the January average rate of 3440.1900 to the December average rate of 3278.7465, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3499.0512 was down 6.53% compared to the 2018 peak of 3743.3745, 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 17,495,256 GNF

2018 Average 18,218,337 GNF

Yearly Trough Low 15,227,763 GNF

Transaction Impact: A difference of 2,267,493.56 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3493.1658

3079.8850

JanuMarcMayJulySeptNove

GEL to GNF 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 3397.3210, compared to 3169.4518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 227.8692 points.

H1 Avg (Jan–Jun) 3397.3210

H2 Avg (Jul–Dec) 3169.4518

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 206.4084 GNF (High: 3305.0089 / Low: 3098.6005). On the other end, September was the most stable month, with a tight range of 47.0248 GNF (High: 3130.9578 / Low: 3083.9330).

July Spread (Volatile) ±206.4084

September Spread (Stable) ±47.0248

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 103.0602 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -103.0602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 3458.7258) against the same month in 2018 (average: 3662.2639), the exchange rate shifted by -203.5382 (-5.56%).

2019 Avg (February) 3458.7258

2018 Avg (February) 3662.2639

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3465.1601	3390.8873	3440.1900
February	3499.0512	3407.5497	3458.7258
March	3469.9248	3391.1878	3424.0187
April	3435.7542	3368.8543	3405.2313
May	3412.1996	3256.3177	3339.6421
June	3386.4469	3212.6501	3316.1179
July	3305.0089	3098.6005	3213.0577
August	3169.6569	3085.7114	3140.8795
September	3130.9578	3083.9330	3114.3251
October	3149.5416	3086.8754	3119.2635
November	3210.3102	3045.5525	3150.4383
December	3343.4431	3190.3553	3278.7465