YEARLY HIGH
1.3819 QAR
YEARLY LOW
1.2161 QAR
YEARLY AVERAGE
1.2955 QAR

2019 GEL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1.3819. Conversely, the yearly low was recorded on October 1, dropping to 1.2161.

This high-to-low spread represents a total annual volatility of 0.1658 QAR. From a start-to-finish perspective, comparing the January average rate of 1.3673 to the December average rate of 1.2593, the exchange rate registered a net change of -7.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3819 was down 8.19% compared to the 2018 peak of 1.5052, 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 6,909 QAR
2018 Average 7,330 QAR
Yearly Trough Low 6,080 QAR
Transaction Impact: A difference of 829.01 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3873
1.2125
JanuMarcMayJulySeptNove

GEL to QAR 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 1.3479, compared to 1.2432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1047 points.

H1 Avg (Jan–Jun) 1.3479
H2 Avg (Jul–Dec) 1.2432

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0769 QAR (High: 1.3027 / Low: 1.2258). On the other end, April was the most stable month, with a tight range of 0.0109 QAR (High: 1.3561 / Low: 1.3452).

July Spread (Volatile) ±0.0769
April Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0438 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.3727) against the same month in 2018 (average: 1.4804), the exchange rate shifted by -0.1077 (-7.27%).

2019 Avg (February) 1.3727
2018 Avg (February) 1.4804

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3714 1.3587 1.3673
February 1.3819 1.3536 1.3727
March 1.3699 1.3509 1.3577
April 1.3561 1.3452 1.3511
May 1.3467 1.2979 1.3237
June 1.3387 1.2731 1.3145
July 1.3027 1.2258 1.2708
August 1.2534 1.2342 1.2433
September 1.2385 1.2238 1.2300
October 1.2364 1.2161 1.2286
November 1.2331 1.2178 1.2270
December 1.2753 1.2259 1.2593