2019 GEL to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 27.0919. Conversely, the yearly low was recorded on July 31, dropping to 23.2357.
This high-to-low spread represents a total annual volatility of 3.8562 INR. From a start-to-finish perspective, comparing the January average rate of 26.5347 to the December average rate of 24.6171, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 27.0919 was down 10.82% compared to the 2018 peak of 30.3806, 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 INR 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 25.9199, compared to 24.1768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7431 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 1.3725 INR (High: 25.5574 / Low: 24.1849). On the other end, October was the most stable month, with a tight range of 0.2895 INR (High: 24.1118 / Low: 23.8223).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.0742 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 26.8417) against the same month in 2018 (average: 26.2049), the exchange rate shifted by +0.6368 (+2.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.9049 | 26.0224 | 26.5347 |
| February | 27.0919 | 26.4243 | 26.8417 |
| March | 26.6917 | 25.5770 | 25.9484 |
| April | 25.9889 | 25.5630 | 25.7623 |
| May | 25.7460 | 24.8603 | 25.3660 |
| June | 25.5574 | 24.1849 | 25.0663 |
| July | 24.5282 | 23.2357 | 23.9921 |
| August | 24.5961 | 23.4939 | 24.3055 |
| September | 24.4803 | 23.7066 | 24.0966 |
| October | 24.1118 | 23.8223 | 23.9641 |
| November | 24.4167 | 23.8653 | 24.0856 |
| December | 24.9601 | 24.1083 | 24.6171 |