2020 GEL to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 128.4173. Conversely, the yearly low was recorded on March 25, dropping to 103.1792.
This high-to-low spread represents a total annual volatility of 25.2381 MRO. From a start-to-finish perspective, comparing the January average rate of 124.0569 to the December average rate of 108.3746, the exchange rate registered a net change of -12.64% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 128.4173 was down 5.22% compared to the 2019 peak of 135.4839, 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 2020.
GEL to MRO 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 118.2138, compared to 111.7939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4199 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 25.0075 MRO (High: 128.1867 / Low: 103.1792). On the other end, August was the most stable month, with a tight range of 0.8544 MRO (High: 115.7212 / Low: 114.8669).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 6.9484 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 125.5832) against the same month in 2019 (average: 134.5931), the exchange rate shifted by -9.0100 (-6.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.2632 | 123.3161 | 124.0569 |
| February | 128.4173 | 123.5294 | 125.5832 |
| March | 128.1867 | 103.1792 | 119.1254 |
| April | 113.6943 | 108.6758 | 112.1770 |
| May | 112.0879 | 110.8696 | 111.4572 |
| June | 121.0169 | 111.9122 | 116.8832 |
| July | 116.8576 | 115.3473 | 116.1843 |
| August | 115.7212 | 114.8669 | 115.4943 |
| September | 116.0976 | 106.5672 | 112.4045 |
| October | 111.3885 | 109.0076 | 110.6999 |
| November | 110.1852 | 104.3860 | 107.6060 |
| December | 109.0969 | 107.3684 | 108.3746 |