2019 GEL to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 452.8707. Conversely, the yearly low was recorded on October 1, dropping to 398.5417.
This high-to-low spread represents a total annual volatility of 54.3290 IQD. From a start-to-finish perspective, comparing the January average rate of 447.3964 to the December average rate of 412.1062, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 452.8707 was down 7.91% compared to the 2018 peak of 491.7721, 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 IQD 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 441.0022, compared to 406.7370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.2652 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 24.4617 IQD (High: 425.7603 / Low: 401.2986). On the other end, November was the most stable month, with a tight range of 4.2281 IQD (High: 403.5571 / Low: 399.3290).
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 14.1821 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 449.2716) against the same month in 2018 (average: 482.1608), the exchange rate shifted by -32.8891 (-6.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 451.0771 | 444.1833 | 447.3964 |
| February | 452.8707 | 443.2043 | 449.2716 |
| March | 448.0857 | 442.2670 | 444.0854 |
| April | 444.1903 | 439.9261 | 442.2058 |
| May | 440.6313 | 424.2424 | 433.1348 |
| June | 437.5000 | 416.0839 | 429.9193 |
| July | 425.7603 | 401.2986 | 415.7372 |
| August | 410.2465 | 400.9718 | 406.7647 |
| September | 405.7020 | 399.4349 | 402.3150 |
| October | 404.8321 | 398.5417 | 401.9500 |
| November | 403.5571 | 399.3290 | 401.5491 |
| December | 417.7212 | 400.6734 | 412.1062 |