2019 GEL to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 71.8167. Conversely, the yearly low was recorded on January 1, dropping to 58.6939.
This high-to-low spread represents a total annual volatility of 13.1228 LRD. From a start-to-finish perspective, comparing the January average rate of 59.7503 to the December average rate of 65.2345, the exchange rate registered a net change of 9.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 71.8167 was up 8.81% compared to the 2018 peak of 66.0027, 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 LRD 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 62.9749, compared to 68.9859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.0110 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 7.1501 LRD (High: 71.6652 / Low: 64.5150). On the other end, March was the most stable month, with a tight range of 0.6968 LRD (High: 60.8270 / Low: 60.1302).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.5084 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2019: 71.2450) against the same month in 2018 (average: 63.9905), the exchange rate shifted by +7.2546 (+11.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.5932 | 58.6939 | 59.7503 |
| February | 61.1006 | 60.0744 | 60.7165 |
| March | 60.8270 | 60.1302 | 60.4632 |
| April | 62.8466 | 60.5948 | 61.5557 |
| May | 68.5190 | 62.8466 | 65.3257 |
| June | 71.3237 | 68.2693 | 70.0379 |
| July | 70.8410 | 68.2631 | 69.8123 |
| August | 70.6548 | 68.7627 | 69.5220 |
| September | 70.6548 | 69.7147 | 70.3647 |
| October | 71.8167 | 70.0587 | 71.2450 |
| November | 71.6652 | 64.5150 | 67.7367 |
| December | 65.8056 | 64.4839 | 65.2345 |