YEARLY HIGH
21564.1791 IRR
YEARLY LOW
12168.9913 IRR
YEARLY AVERAGE
13585.9416 IRR

2020 GEL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 21564.1791. Conversely, the yearly low was recorded on March 25, dropping to 12168.9913.

This high-to-low spread represents a total annual volatility of 9395.1879 IRR. From a start-to-finish perspective, comparing the January average rate of 14631.8001 to the December average rate of 12782.1036, the exchange rate registered a net change of -12.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 21564.1791 was up 33.86% compared to the 2019 peak of 16109.5675, 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 107,820,896 IRR
2019 Average 74,972,745 IRR
Yearly Trough Low 60,844,956 IRR
Transaction Impact: A difference of 46,975,939.26 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15024.6913
12480.1156
JanuMarcMayJulySeptNove

GEL to IRR 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 13944.1417, compared to 13227.7416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 716.4000 points.

H1 Avg (Jan–Jun) 13944.1417
H2 Avg (Jul–Dec) 13227.7416

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 7959.9788 IRR (High: 21564.1791 / Low: 13604.2003). On the other end, August was the most stable month, with a tight range of 100.7655 IRR (High: 13648.2982 / Low: 13547.5327).

July Spread (Volatile) ±7959.9788
August Spread (Stable) ±100.7655

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 823.8706 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -823.8706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 13957.7089) against the same month in 2019 (average: 14694.7399), the exchange rate shifted by -737.0311 (-5.02%).

2020 Avg (July) 13957.7089
2019 Avg (July) 14694.7399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14773.6842 14544.0415 14631.8001
February 15145.6835 14569.2042 14812.6433
March 15118.4919 12168.9913 14054.1169
April 13409.2357 12817.3516 13230.2463
May 13220.3925 13076.0870 13148.6388
June 14272.8814 13199.0596 13787.4044
July 21564.1791 13604.2003 13957.7089
August 13648.2982 13547.5327 13621.3076
September 13692.8017 12568.6567 13257.0849
October 13137.2855 12856.4885 13056.0812
November 12995.3704 12311.4035 12692.1636
December 12867.0714 12663.1579 12782.1036