YEARLY HIGH
2.9784 HKD
YEARLY LOW
2.6155 HKD
YEARLY AVERAGE
2.7880 HKD

2019 GEL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 2.9784. Conversely, the yearly low was recorded on November 21, dropping to 2.6155.

This high-to-low spread represents a total annual volatility of 0.3629 HKD. From a start-to-finish perspective, comparing the January average rate of 2.9445 to the December average rate of 2.6995, the exchange rate registered a net change of -8.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.9784 was down 8.21% compared to the 2018 peak of 3.2447, 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 14,892 HKD
2018 Average 15,778 HKD
Yearly Trough Low 13,077 HKD
Transaction Impact: A difference of 1,814.59 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.9907
2.6063
JanuMarcMayJulySeptNove

GEL to HKD 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 2.9034, compared to 2.6726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2308 points.

H1 Avg (Jan–Jun) 2.9034
H2 Avg (Jul–Dec) 2.6726

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1539 HKD (High: 2.7895 / Low: 2.6355). On the other end, April was the most stable month, with a tight range of 0.0241 HKD (High: 2.9237 / Low: 2.8997).

July Spread (Volatile) ±0.1539
April Spread (Stable) ±0.0241

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0994 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.9587) against the same month in 2018 (average: 3.1801), the exchange rate shifted by -0.2215 (-6.96%).

2019 Avg (February) 2.9587
2018 Avg (February) 3.1801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9553 2.9231 2.9445
February 2.9784 2.9179 2.9587
March 2.9507 2.9124 2.9270
April 2.9237 2.8997 2.9111
May 2.9002 2.7979 2.8532
June 2.8809 2.7311 2.8258
July 2.7895 2.6355 2.7264
August 2.7002 2.6527 2.6778
September 2.6676 2.6304 2.6471
October 2.6620 2.6272 2.6467
November 2.6544 2.6155 2.6383
December 2.7318 2.6358 2.6995