2019 GEL to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 296.2374. Conversely, the yearly low was recorded on September 23, dropping to 242.0744.
This high-to-low spread represents a total annual volatility of 54.1629 MWK. From a start-to-finish perspective, comparing the January average rate of 274.6364 to the December average rate of 253.7992, the exchange rate registered a net change of -7.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 296.2374 was down 8.93% compared to the 2018 peak of 325.2780, 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 MWK 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 271.0313, compared to 251.4163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.6150 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 30.2507 MWK (High: 288.7785 / Low: 258.5278). On the other end, November was the most stable month, with a tight range of 3.1433 MWK (High: 248.5214 / Low: 245.3782).
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 July and August, when the average rate fell by 14.1003 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 274.6364) against the same month in 2018 (average: 283.5811), the exchange rate shifted by -8.9447 (-3.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 296.2374 | 270.2875 | 274.6364 |
| February | 276.8943 | 270.8339 | 274.6875 |
| March | 273.9099 | 268.6689 | 270.7309 |
| April | 271.9519 | 268.0550 | 270.1208 |
| May | 271.5477 | 256.7213 | 263.3414 |
| June | 288.7785 | 258.5278 | 272.6710 |
| July | 270.9375 | 249.6751 | 264.2575 |
| August | 260.3741 | 246.0432 | 250.1572 |
| September | 252.1311 | 242.0744 | 245.8356 |
| October | 249.1950 | 244.2769 | 247.2494 |
| November | 248.5214 | 245.3782 | 247.1989 |
| December | 259.1487 | 246.5986 | 253.7992 |