2019 GEL to HRK Historical Review

YEARLY HIGH

2.4928 HRK

YEARLY LOW

2.2388 HRK

YEARLY AVERAGE

2.3567 HRK

2019 GEL to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 2.4928. Conversely, the yearly low was recorded on July 30, dropping to 2.2388.

This high-to-low spread represents a total annual volatility of 0.2539 HRK. From a start-to-finish perspective, comparing the January average rate of 2.4430 to the December average rate of 2.3166, the exchange rate registered a net change of -5.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4928 was down 7.79% compared to the 2018 peak of 2.7033, 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 12,464 HRK

2018 Average 12,653 HRK

Yearly Trough Low 11,194 HRK

Transaction Impact: A difference of 1,269.74 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.4823

2.2489

JanuMarcMayJulySeptNove

GEL to HRK 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 2.4312, compared to 2.2822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1490 points.

H1 Avg (Jan–Jun) 2.4312

H2 Avg (Jul–Dec) 2.2822

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1397 HRK (High: 2.4128 / Low: 2.2732). On the other end, April was the most stable month, with a tight range of 0.0303 HRK (High: 2.4682 / Low: 2.4379).

June Spread (Volatile) ±0.1397

April Spread (Stable) ±0.0303

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 0.0672 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.4629) against the same month in 2018 (average: 2.4490), the exchange rate shifted by +0.0139 (+0.57%).

2019 Avg (February) 2.4629

2018 Avg (February) 2.4490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4695	2.4114	2.4430
February	2.4928	2.4276	2.4629
March	2.4661	2.4169	2.4497
April	2.4682	2.4379	2.4549
May	2.4533	2.3760	2.4099
June	2.4128	2.2732	2.3671
July	2.3584	2.2388	2.2999
August	2.2909	2.2477	2.2687
September	2.2971	2.2510	2.2707
October	2.2917	2.2477	2.2691
November	2.2863	2.2483	2.2683
December	2.3529	2.2611	2.3166