YEARLY HIGH
2.8022 HKD
YEARLY LOW
2.2408 HKD
YEARLY AVERAGE
2.4988 HKD

2020 GEL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 2.8022. Conversely, the yearly low was recorded on March 25, dropping to 2.2408.

This high-to-low spread represents a total annual volatility of 0.5615 HKD. From a start-to-finish perspective, comparing the January average rate of 2.7012 to the December average rate of 2.3534, the exchange rate registered a net change of -12.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8022 was down 5.91% compared to the 2019 peak of 2.9784, 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 14,011 HKD
2019 Average 13,935 HKD
Yearly Trough Low 11,204 HKD
Transaction Impact: A difference of 2,807.39 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7749
2.2970
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 2.5703, compared to 2.4273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1430 points.

H1 Avg (Jan–Jun) 2.5703
H2 Avg (Jul–Dec) 2.4273

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.5533 HKD (High: 2.7941 / Low: 2.2408). On the other end, August was the most stable month, with a tight range of 0.0189 HKD (High: 2.5126 / Low: 2.4938).

March Spread (Volatile) ±0.5533
August Spread (Stable) ±0.0189

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1556 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.7351) against the same month in 2019 (average: 2.9587), the exchange rate shifted by -0.2236 (-7.56%).

2020 Avg (February) 2.7351
2019 Avg (February) 2.9587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7329 2.6831 2.7012
February 2.8022 2.6872 2.7351
March 2.7941 2.2408 2.5913
April 2.4686 2.3597 2.4357
May 2.4356 2.4073 2.4209
June 2.6272 2.4296 2.5375
July 2.5369 2.5041 2.5226
August 2.5126 2.4938 2.5074
September 2.5205 2.3135 2.4402
October 2.4182 2.3665 2.4034
November 2.3928 2.2673 2.3368
December 2.3695 2.3309 2.3534