2013 GEL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GEL to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GEL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 62.6645. Conversely, the yearly low was recorded on January 31, dropping to 55.5044.
This high-to-low spread represents a total annual volatility of 7.1601 JMD. From a start-to-finish perspective, comparing the January average rate of 55.8472 to the December average rate of 60.3127, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 62.6645 was up 12.04% compared to the 2012 peak of 55.9325, 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 2013.
GEL to JMD 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 58.5020, compared to 61.3285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8265 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was June, with a trading range of 2.3275 JMD (High: 61.3384 / Low: 59.0108). On the other end, May was the most stable month, with a tight range of 0.5490 JMD (High: 60.3941 / Low: 59.8451).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.4658 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2013: 62.3931) against the same month in 2012 (average: 53.6991), the exchange rate shifted by +8.6941 (+16.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.1130 | 55.5044 | 55.8472 |
| February | 57.7928 | 55.5571 | 56.6047 |
| March | 59.1808 | 57.4090 | 58.3568 |
| April | 60.1207 | 59.0965 | 59.7702 |
| May | 60.3941 | 59.8451 | 60.0817 |
| June | 61.3384 | 59.0108 | 60.3513 |
| July | 61.2533 | 60.6940 | 61.1048 |
| August | 61.3167 | 60.6706 | 61.0132 |
| September | 61.7815 | 60.9431 | 61.3686 |
| October | 62.6645 | 61.8513 | 62.3931 |
| November | 62.5870 | 60.7502 | 61.7785 |
| December | 61.1535 | 59.6002 | 60.3127 |