YEARLY HIGH
0.2693 JOD
YEARLY LOW
0.2371 JOD
YEARLY AVERAGE
0.2523 JOD

2019 GEL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.2693. Conversely, the yearly low was recorded on November 21, dropping to 0.2371.

This high-to-low spread represents a total annual volatility of 0.0321 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2665 to the December average rate of 0.2453, the exchange rate registered a net change of -7.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2693 was down 8.20% compared to the 2018 peak of 0.2933, 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 1,346 JOD
2018 Average 1,428 JOD
Yearly Trough Low 1,186 JOD
Transaction Impact: A difference of 160.69 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2703
0.2361
JanuMarcMayJulySeptNove

GEL to JOD 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 0.2625, compared to 0.2420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.2625
H2 Avg (Jul–Dec) 0.2420

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0149 JOD (High: 0.2537 / Low: 0.2387). On the other end, April was the most stable month, with a tight range of 0.0020 JOD (High: 0.2641 / Low: 0.2621).

July Spread (Volatile) ±0.0149
April Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No 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 0.0085 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.2674) against the same month in 2018 (average: 0.2885), the exchange rate shifted by -0.0210 (-7.28%).

2019 Avg (February) 0.2674
2018 Avg (February) 0.2885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2673 0.2647 0.2665
February 0.2693 0.2637 0.2674
March 0.2664 0.2631 0.2644
April 0.2641 0.2621 0.2631
May 0.2621 0.2528 0.2577
June 0.2607 0.2479 0.2560
July 0.2537 0.2387 0.2474
August 0.2441 0.2403 0.2420
September 0.2412 0.2380 0.2394
October 0.2407 0.2375 0.2392
November 0.2400 0.2371 0.2389
December 0.2485 0.2387 0.2453