2019 GEL to PEN Historical Review

YEARLY HIGH

1.2657 PEN

YEARLY LOW

1.1096 PEN

YEARLY AVERAGE

1.1868 PEN

2019 GEL to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.2657. Conversely, the yearly low was recorded on July 31, dropping to 1.1096.

This high-to-low spread represents a total annual volatility of 0.1561 PEN. From a start-to-finish perspective, comparing the January average rate of 1.2553 to the December average rate of 1.1593, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2657 was down 8.52% compared to the 2018 peak of 1.3835, 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 6,328 PEN

2018 Average 6,615 PEN

Yearly Trough Low 5,548 PEN

Transaction Impact: A difference of 780.61 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2675

1.1209

JanuMarcMayJulySeptNove

GEL to PEN 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 1.2297, compared to 1.1439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0857 points.

H1 Avg (Jan–Jun) 1.2297

H2 Avg (Jul–Dec) 1.1439

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0713 PEN (High: 1.2255 / Low: 1.1542). On the other end, April was the most stable month, with a tight range of 0.0132 PEN (High: 1.2348 / Low: 1.2216).

June Spread (Volatile) ±0.0713

April Spread (Stable) ±0.0132

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 0.0524 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.2553) against the same month in 2018 (average: 1.2575), the exchange rate shifted by -0.0022 (-0.17%).

2019 Avg (January) 1.2553

2018 Avg (January) 1.2575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2657	1.2502	1.2553
February	1.2654	1.2295	1.2524
March	1.2425	1.2257	1.2325
April	1.2348	1.2216	1.2259
May	1.2266	1.1970	1.2107
June	1.2255	1.1542	1.2012
July	1.1796	1.1096	1.1488
August	1.1640	1.1237	1.1534
September	1.1555	1.1210	1.1337
October	1.1449	1.1248	1.1331
November	1.1447	1.1250	1.1352
December	1.1813	1.1421	1.1593