YEARLY HIGH
1.3096 QAR
YEARLY LOW
1.0523 QAR
YEARLY AVERAGE
1.1730 QAR

2020 GEL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 1.3096. Conversely, the yearly low was recorded on March 25, dropping to 1.0523.

This high-to-low spread represents a total annual volatility of 0.2573 QAR. From a start-to-finish perspective, comparing the January average rate of 1.2652 to the December average rate of 1.1055, the exchange rate registered a net change of -12.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3096 was down 5.23% compared to the 2019 peak of 1.3819, 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 6,548 QAR
2019 Average 6,475 QAR
Yearly Trough Low 5,262 QAR
Transaction Impact: A difference of 1,286.55 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2991
1.0791
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 1.2057, compared to 1.1403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0654 points.

H1 Avg (Jan–Jun) 1.2057
H2 Avg (Jul–Dec) 1.1403

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2552 QAR (High: 1.3075 / Low: 1.0523). On the other end, August was the most stable month, with a tight range of 0.0117 QAR (High: 1.1836 / Low: 1.1719).

March Spread (Volatile) ±0.2552
August Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0708 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.2808) against the same month in 2019 (average: 1.3727), the exchange rate shifted by -0.0919 (-6.70%).

2020 Avg (February) 1.2808
2019 Avg (February) 1.3727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2775 1.2577 1.2652
February 1.3096 1.2597 1.2808
March 1.3075 1.0523 1.2149
April 1.1587 1.1084 1.1441
May 1.1521 1.1307 1.1370
June 1.2342 1.1415 1.1921
July 1.1919 1.1764 1.1849
August 1.1836 1.1719 1.1782
September 1.1841 1.0869 1.1464
October 1.1362 1.1118 1.1290
November 1.1238 1.0646 1.0975
December 1.1135 1.0950 1.1055