2020 GEL to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 6.4776. Conversely, the yearly low was recorded on March 25, dropping to 3.9627.
This high-to-low spread represents a total annual volatility of 2.5150 SCR. From a start-to-finish perspective, comparing the January average rate of 4.7478 to the December average rate of 6.4344, the exchange rate registered a net change of 35.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 6.4776 was up 24.37% compared to the 2019 peak of 5.2082, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
GEL to SCR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.0743, compared to 5.9145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8402 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 1.3699 SCR (High: 5.5585 / Low: 4.1886). On the other end, July was the most stable month, with a tight range of 0.1302 SCR (High: 5.8456 / Low: 5.7154).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2483 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 6.4344) against the same month in 2019 (average: 4.7386), the exchange rate shifted by +1.6957 (+35.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.8088 | 4.4780 | 4.7478 |
| February | 4.9298 | 4.6817 | 4.8068 |
| March | 4.9212 | 3.9627 | 4.5585 |
| April | 5.5585 | 4.1886 | 5.1473 |
| May | 5.6363 | 5.0045 | 5.4322 |
| June | 6.0245 | 5.5013 | 5.7534 |
| July | 5.8456 | 5.7154 | 5.7468 |
| August | 5.9731 | 5.7369 | 5.7794 |
| September | 5.8381 | 5.3667 | 5.6520 |
| October | 5.9784 | 5.4897 | 5.7339 |
| November | 6.2926 | 5.7913 | 6.1405 |
| December | 6.4776 | 6.2680 | 6.4344 |