2019 GEL to NPR Historical Review

YEARLY HIGH

43.2980 NPR

YEARLY LOW

37.0660 NPR

YEARLY AVERAGE

40.0507 NPR

2019 GEL to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 43.2980. Conversely, the yearly low was recorded on July 31, dropping to 37.0660.

This high-to-low spread represents a total annual volatility of 6.2320 NPR. From a start-to-finish perspective, comparing the January average rate of 42.4317 to the December average rate of 39.3889, the exchange rate registered a net change of -7.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 43.2980 was down 10.97% compared to the 2018 peak of 48.6353, 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 216,490 NPR

2018 Average 220,239 NPR

Yearly Trough Low 185,330 NPR

Transaction Impact: A difference of 31,159.98 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

43.3484

37.8891

JanuMarcMayJulySeptNove

GEL to NPR 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 41.4595, compared to 38.6419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8176 points.

H1 Avg (Jan–Jun) 41.4595

H2 Avg (Jul–Dec) 38.6419

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 2.2228 NPR (High: 39.2889 / Low: 37.0660). On the other end, October was the most stable month, with a tight range of 0.6529 NPR (High: 38.6005 / Low: 37.9475).

July Spread (Volatile) ±2.2228

October Spread (Stable) ±0.6529

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.7513 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.7513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 42.8934) against the same month in 2018 (average: 41.8788), the exchange rate shifted by +1.0147 (+2.42%).

2019 Avg (February) 42.8934

2018 Avg (February) 41.8788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.0114	41.5528	42.4317
February	43.2980	42.0857	42.8934
March	42.6073	40.8682	41.4583
April	41.6208	40.9073	41.2684
May	41.1755	39.8517	40.5805
June	40.8398	38.6975	40.1247
July	39.2889	37.0660	38.3734
August	39.1863	37.4706	38.7316
September	39.0991	37.9974	38.4982
October	38.6005	37.9475	38.3440
November	39.0212	38.1458	38.5155
December	39.9868	38.5737	39.3889