2020 GEL to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 265.2394. Conversely, the yearly low was recorded on March 25, dropping to 212.7618.
This high-to-low spread represents a total annual volatility of 52.4777 MWK. From a start-to-finish perspective, comparing the January average rate of 255.8368 to the December average rate of 232.8582, the exchange rate registered a net change of -8.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 265.2394 was down 10.46% compared to the 2019 peak of 296.2374, 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 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 243.7335, compared to 235.4614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2721 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 52.4777 MWK (High: 265.2394 / Low: 212.7618). On the other end, July was the most stable month, with a tight range of 2.3987 MWK (High: 241.0166 / Low: 238.6180).
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 14.4043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 245.6561) against the same month in 2019 (average: 270.7309), the exchange rate shifted by -25.0747 (-9.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 258.8043 | 254.2128 | 255.8368 |
| February | 265.1488 | 254.3253 | 258.3638 |
| March | 265.2394 | 212.7618 | 245.6561 |
| April | 234.3236 | 224.0680 | 231.2518 |
| May | 231.6742 | 228.4713 | 229.8482 |
| June | 249.7890 | 231.3459 | 241.4444 |
| July | 241.0166 | 238.6180 | 239.8494 |
| August | 242.7828 | 239.5697 | 241.2206 |
| September | 243.5845 | 223.8806 | 236.0135 |
| October | 235.0300 | 229.2748 | 233.7499 |
| November | 233.3674 | 221.4186 | 229.0769 |
| December | 235.1682 | 230.0078 | 232.8582 |