2020 GEL to HRK Historical Review

YEARLY HIGH

2.4646 HRK

YEARLY LOW

1.8613 HRK

YEARLY AVERAGE

2.1321 HRK

2020 GEL to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 2.4646. Conversely, the yearly low was recorded on December 17, dropping to 1.8613.

This high-to-low spread represents a total annual volatility of 0.6034 HRK. From a start-to-finish perspective, comparing the January average rate of 2.3296 to the December average rate of 1.8807, the exchange rate registered a net change of -19.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4646 was down 1.13% compared to the 2019 peak of 2.4928, 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 12,323 HRK

2019 Average 11,780 HRK

Yearly Trough Low 9,306 HRK

Transaction Impact: A difference of 3,016.83 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4542

1.8286

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 2.2629, compared to 2.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2616 points.

H1 Avg (Jan–Jun) 2.2629

H2 Avg (Jul–Dec) 2.0013

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4369 HRK (High: 2.4458 / Low: 2.0089). On the other end, January was the most stable month, with a tight range of 0.0298 HRK (High: 2.3437 / Low: 2.3138).

March Spread (Volatile) ±0.4369

January Spread (Stable) ±0.0298

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 February and March, when the average rate fell by 0.1208 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.4020) against the same month in 2019 (average: 2.4629), the exchange rate shifted by -0.0608 (-2.47%).

2020 Avg (February) 2.4020

2019 Avg (February) 2.4629

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3437	2.3138	2.3296
February	2.4646	2.3218	2.4020
March	2.4458	2.0089	2.2813
April	2.2336	2.1193	2.1953
May	2.1857	2.1438	2.1673
June	2.2706	2.1124	2.2019
July	2.1996	2.0377	2.1391
August	2.0656	2.0336	2.0530
September	2.0738	1.9186	2.0146
October	2.0111	1.9661	1.9960
November	2.0057	1.8691	1.9245
December	1.8981	1.8613	1.8807