2019 GEL to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 5407.8481. Conversely, the yearly low was recorded on November 20, dropping to 4703.1275.
This high-to-low spread represents a total annual volatility of 704.7206 IDR. From a start-to-finish perspective, comparing the January average rate of 5314.1770 to the December average rate of 4838.3521, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 5407.8481 was down 13.46% compared to the 2018 peak of 6249.1551, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GEL to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5251.7357, compared to 4808.1696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 443.5661 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 302.6732 IDR (High: 5256.4188 / Low: 4953.7456). On the other end, November was the most stable month, with a tight range of 61.7997 IDR (High: 4764.9272 / Low: 4703.1275).
Growth Streaks & Declines
TrendsNo 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 240.8034 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 5314.1770) against the same month in 2018 (average: 5243.8092), the exchange rate shifted by +70.3678 (+1.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5407.8481 | 5256.9498 | 5314.1770 |
| February | 5367.3908 | 5213.3829 | 5289.2849 |
| March | 5339.5689 | 5255.4666 | 5301.8425 |
| April | 5299.8148 | 5210.7880 | 5245.6638 |
| May | 5285.9739 | 5133.6869 | 5221.0947 |
| June | 5256.4188 | 4953.7456 | 5138.3515 |
| July | 5044.0497 | 4743.3841 | 4897.5480 |
| August | 4922.2550 | 4775.4272 | 4855.7354 |
| September | 4855.9333 | 4712.4107 | 4760.4095 |
| October | 4796.8296 | 4718.4660 | 4760.5180 |
| November | 4764.9272 | 4703.1275 | 4736.4546 |
| December | 4894.4327 | 4728.1728 | 4838.3521 |