YEARLY HIGH
521.4174 MMK
YEARLY LOW
376.9454 MMK
YEARLY AVERAGE
443.9536 MMK

2020 GEL to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 521.4174. Conversely, the yearly low was recorded on November 5, dropping to 376.9454.

This high-to-low spread represents a total annual volatility of 144.4720 MMK. From a start-to-finish perspective, comparing the January average rate of 510.2958 to the December average rate of 405.8846, the exchange rate registered a net change of -20.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 521.4174 was down 11.30% compared to the 2019 peak of 587.8463, 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 2,607,087 MMK
2019 Average 2,706,143 MMK
Yearly Trough Low 1,884,727 MMK
Transaction Impact: A difference of 722,360.13 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

522.1562
379.8315
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 471.4313, compared to 416.4760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 54.9554 points.

H1 Avg (Jan–Jun) 471.4313
H2 Avg (Jul–Dec) 416.4760

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 113.6053 MMK (High: 514.8393 / Low: 401.2340). On the other end, May was the most stable month, with a tight range of 7.7861 MMK (High: 441.0574 / Low: 433.2713).

March Spread (Volatile) ±113.6053
May Spread (Stable) ±7.7861

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 42.9549 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -42.9549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 510.1646) against the same month in 2019 (average: 576.5869), the exchange rate shifted by -66.4223 (-11.52%).

2020 Avg (February) 510.1646
2019 Avg (February) 576.5869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 518.7316 505.7371 510.2958
February 521.4174 503.9436 510.1646
March 514.8393 401.2340 467.2097
April 456.0810 424.0457 446.3878
May 441.0574 433.2713 438.0391
June 475.2230 438.4772 456.4909
July 452.8800 440.2217 445.3410
August 444.7043 429.3560 439.0802
September 432.8493 390.0750 416.1838
October 406.1482 397.1594 400.6743
November 397.3321 376.9454 391.6919
December 418.7224 397.9004 405.8846