2019 GEL to RON Historical Review

YEARLY HIGH

1.5972 RON

YEARLY LOW

1.4349 RON

YEARLY AVERAGE

1.5077 RON

2019 GEL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 1.5972. Conversely, the yearly low was recorded on July 30, dropping to 1.4349.

This high-to-low spread represents a total annual volatility of 0.1623 RON. From a start-to-finish perspective, comparing the January average rate of 1.5476 to the December average rate of 1.4875, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.5972 was down 5.80% compared to the 2018 peak of 1.6955, 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 7,986 RON

2018 Average 7,938 RON

Yearly Trough Low 7,175 RON

Transaction Impact: A difference of 811.35 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.5906

1.4378

JanuMarcMayJulySeptNove

GEL to RON 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 1.5538, compared to 1.4615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0923 points.

H1 Avg (Jan–Jun) 1.5538

H2 Avg (Jul–Dec) 1.4615

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0879 RON (High: 1.5382 / Low: 1.4503). On the other end, April was the most stable month, with a tight range of 0.0203 RON (High: 1.5817 / Low: 1.5615).

June Spread (Volatile) ±0.0879

April Spread (Stable) ±0.0203

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 0.0392 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.5778) against the same month in 2018 (average: 1.5331), the exchange rate shifted by +0.0447 (+2.92%).

2019 Avg (February) 1.5778

2018 Avg (February) 1.5331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5840	1.5144	1.5476
February	1.5972	1.5491	1.5778
March	1.5828	1.5498	1.5696
April	1.5817	1.5615	1.5716
May	1.5740	1.5225	1.5460
June	1.5382	1.4503	1.5104
July	1.5061	1.4349	1.4712
August	1.4627	1.4385	1.4509
September	1.4691	1.4435	1.4543
October	1.4669	1.4366	1.4505
November	1.4698	1.4408	1.4546
December	1.5101	1.4523	1.4875