YEARLY HIGH
0.5638 NZD
YEARLY LOW
0.5114 NZD
YEARLY AVERAGE
0.5396 NZD

2019 GEL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.5638. Conversely, the yearly low was recorded on July 30, dropping to 0.5114.

This high-to-low spread represents a total annual volatility of 0.0523 NZD. From a start-to-finish perspective, comparing the January average rate of 0.5538 to the December average rate of 0.5240, the exchange rate registered a net change of -5.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5638 was down 11.19% compared to the 2018 peak of 0.6348, 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 2,819 NZD
2018 Average 2,913 NZD
Yearly Trough Low 2,557 NZD
Transaction Impact: A difference of 261.70 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5570
0.5196
JanuMarcMayJulySeptNove

GEL to NZD 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 0.5508, compared to 0.5283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.5508
H2 Avg (Jul–Dec) 0.5283

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0396 NZD (High: 0.5623 / Low: 0.5227). On the other end, October was the most stable month, with a tight range of 0.0115 NZD (High: 0.5375 / Low: 0.5260).

June Spread (Volatile) ±0.0396
October Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between March and May, 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 0.0242 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.5538) against the same month in 2018 (average: 0.5391), the exchange rate shifted by +0.0148 (+2.74%).

2019 Avg (January) 0.5538
2018 Avg (January) 0.5391

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5638 0.5448 0.5538
February 0.5620 0.5421 0.5517
March 0.5531 0.5372 0.5456
April 0.5616 0.5475 0.5529
May 0.5596 0.5472 0.5539
June 0.5623 0.5227 0.5470
July 0.5397 0.5114 0.5228
August 0.5394 0.5172 0.5308
September 0.5399 0.5256 0.5330
October 0.5375 0.5260 0.5323
November 0.5339 0.5221 0.5270
December 0.5314 0.5167 0.5240