YEARLY HIGH
111.9784 HUF
YEARLY LOW
87.8373 HUF
YEARLY AVERAGE
99.1641 HUF

2020 GEL to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 111.9784. Conversely, the yearly low was recorded on December 17, dropping to 87.8373.

This high-to-low spread represents a total annual volatility of 24.1411 HUF. From a start-to-finish perspective, comparing the January average rate of 104.5623 to the December average rate of 89.5150, the exchange rate registered a net change of -14.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 111.9784 was up 4.35% compared to the 2019 peak of 107.3154, 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 559,892 HUF
2019 Average 516,313 HUF
Yearly Trough Low 439,186 HUF
Transaction Impact: A difference of 120,705.72 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

110.6934
87.5897
JanuMarcMayJulySeptNove

GEL to HUF 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 103.6622, compared to 94.6661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.9960 points.

H1 Avg (Jan–Jun) 103.6622
H2 Avg (Jul–Dec) 94.6661

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 16.7958 HUF (High: 110.5386 / Low: 93.7428). On the other end, December was the most stable month, with a tight range of 3.1001 HUF (High: 90.9374 / Low: 87.8373).

March Spread (Volatile) ±16.7958
December Spread (Stable) ±3.1001

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 4.7774 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.7774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 108.7681) against the same month in 2019 (average: 105.6097), the exchange rate shifted by +3.1584 (+2.99%).

2020 Avg (February) 108.7681
2019 Avg (February) 105.6097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.0924 102.9895 104.5623
February 111.9784 105.1765 108.7681
March 110.5386 93.7428 103.9907
April 107.1391 100.2146 103.1033
May 102.3198 97.9761 100.4065
June 103.7337 96.2665 101.1421
July 102.9918 93.9128 99.7364
August 97.5404 94.1938 95.3586
September 99.0855 92.5516 96.2563
October 97.2330 93.3221 95.5090
November 97.1973 88.7763 91.6215
December 90.9374 87.8373 89.5150