2020 GEL to MZN Historical Review

YEARLY HIGH

23.6484 MZN

YEARLY LOW

19.2318 MZN

YEARLY AVERAGE

22.3138 MZN

2020 GEL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 23.6484. Conversely, the yearly low was recorded on March 25, dropping to 19.2318.

This high-to-low spread represents a total annual volatility of 4.4166 MZN. From a start-to-finish perspective, comparing the January average rate of 21.7358 to the December average rate of 22.6117, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.6484 was down 4.34% compared to the 2019 peak of 24.7220, 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 118,242 MZN

2019 Average 111,270 MZN

Yearly Trough Low 96,159 MZN

Transaction Impact: A difference of 22,082.98 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.2198

20.9393

JanuMarcMayJulySeptNove

GEL to MZN 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 21.9665, compared to 22.6612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6947 points.

H1 Avg (Jan–Jun) 21.9665

H2 Avg (Jul–Dec) 22.6612

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.4166 MZN (High: 23.6484 / Low: 19.2318). On the other end, August was the most stable month, with a tight range of 0.2382 MZN (High: 23.1670 / Low: 22.9288).

March Spread (Volatile) ±4.4166

August Spread (Stable) ±0.2382

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8969 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 22.0262) against the same month in 2019 (average: 23.4795), the exchange rate shifted by -1.4533 (-6.19%).

2020 Avg (March) 22.0262

2019 Avg (March) 23.4795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.0833	21.4221	21.7358
February	23.4622	22.0588	22.6689
March	23.6484	19.2318	22.0262
April	21.4287	20.3269	21.1294
May	21.7959	21.1290	21.3933
June	23.5593	21.7668	22.8454
July	23.0699	22.8085	22.9196
August	23.1670	22.9288	23.0297
September	23.3496	21.5346	22.6430
October	22.6661	22.0919	22.5492
November	22.5772	21.4053	22.2139
December	22.9043	22.2180	22.6117