2019 GEL to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 587.8463. Conversely, the yearly low was recorded on November 30, dropping to 505.7190.
This high-to-low spread represents a total annual volatility of 82.1273 MMK. From a start-to-finish perspective, comparing the January average rate of 575.6075 to the December average rate of 518.6946, the exchange rate registered a net change of -9.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 587.8463 was down 11.55% compared to the 2018 peak of 664.6262, 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 MMK 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 564.9844, compared to 517.9100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 47.0744 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 32.0481 MMK (High: 562.8712 / Low: 530.8231). On the other end, September was the most stable month, with a tight range of 8.5443 MMK (High: 519.0056 / Low: 510.4613).
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 22.5587 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 576.5869) against the same month in 2018 (average: 541.9563), the exchange rate shifted by +34.6305 (+6.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 580.6215 | 569.1418 | 575.6075 |
| February | 587.8463 | 568.4515 | 576.5869 |
| March | 574.7739 | 562.6334 | 568.0022 |
| April | 569.4861 | 559.2247 | 562.8614 |
| May | 562.3111 | 544.4385 | 556.6648 |
| June | 562.8712 | 530.8231 | 550.1835 |
| July | 539.4806 | 507.8798 | 527.6248 |
| August | 521.5546 | 510.4412 | 517.4793 |
| September | 519.0056 | 510.4613 | 516.4929 |
| October | 520.7416 | 511.6941 | 516.5268 |
| November | 515.4703 | 505.7190 | 510.6417 |
| December | 528.5858 | 507.3568 | 518.6946 |