YEARLY HIGH
1.4234 SAR
YEARLY LOW
1.2542 SAR
YEARLY AVERAGE
1.3345 SAR

2019 GEL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.4234. Conversely, the yearly low was recorded on November 21, dropping to 1.2542.

This high-to-low spread represents a total annual volatility of 0.1692 SAR. From a start-to-finish perspective, comparing the January average rate of 1.4083 to the December average rate of 1.2974, the exchange rate registered a net change of -7.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.4234 was down 8.19% compared to the 2018 peak of 1.5503, 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 7,117 SAR
2018 Average 7,551 SAR
Yearly Trough Low 6,271 SAR
Transaction Impact: A difference of 846.04 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.4289
1.2488
JanuMarcMayJulySeptNove

GEL to SAR 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 1.3884, compared to 1.2807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1077 points.

H1 Avg (Jan–Jun) 1.3884
H2 Avg (Jul–Dec) 1.2807

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0790 SAR (High: 1.3418 / Low: 1.2628). On the other end, April was the most stable month, with a tight range of 0.0106 SAR (High: 1.3970 / Low: 1.3864).

July Spread (Volatile) ±0.0790
April Spread (Stable) ±0.0106

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 0.0453 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.4139) against the same month in 2018 (average: 1.5248), the exchange rate shifted by -0.1109 (-7.27%).

2019 Avg (February) 1.4139
2018 Avg (February) 1.5248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4130 1.3899 1.4083
February 1.4234 1.3942 1.4139
March 1.4100 1.3916 1.3986
April 1.3970 1.3864 1.3917
May 1.3865 1.3370 1.3634
June 1.3789 1.3113 1.3543
July 1.3418 1.2628 1.3090
August 1.2914 1.2715 1.2809
September 1.2757 1.2587 1.2672
October 1.2735 1.2567 1.2659
November 1.2701 1.2542 1.2639
December 1.3147 1.2626 1.2974