YEARLY HIGH
0.5153 SGD
YEARLY LOW
0.4558 SGD
YEARLY AVERAGE
0.4852 SGD

2019 GEL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.5153. Conversely, the yearly low was recorded on November 21, dropping to 0.4558.

This high-to-low spread represents a total annual volatility of 0.0595 SGD. From a start-to-finish perspective, comparing the January average rate of 0.5093 to the December average rate of 0.4692, the exchange rate registered a net change of -7.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5153 was down 8.98% compared to the 2018 peak of 0.5662, 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 2,577 SGD
2018 Average 2,716 SGD
Yearly Trough Low 2,279 SGD
Transaction Impact: A difference of 297.62 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5155
0.4538
JanuMarcMayJulySeptNove

GEL to SGD 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 0.5030, compared to 0.4675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.5030
H2 Avg (Jul–Dec) 0.4675

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0289 SGD (High: 0.5025 / Low: 0.4735). On the other end, April was the most stable month, with a tight range of 0.0030 SGD (High: 0.5046 / Low: 0.5016).

June Spread (Volatile) ±0.0289
April Spread (Stable) ±0.0030

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 0.0167 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.5104) against the same month in 2018 (average: 0.5367), the exchange rate shifted by -0.0263 (-4.90%).

2019 Avg (February) 0.5104
2018 Avg (February) 0.5367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5122 0.5068 0.5093
February 0.5153 0.5011 0.5104
March 0.5095 0.5012 0.5049
April 0.5046 0.5016 0.5032
May 0.5050 0.4921 0.4983
June 0.5025 0.4735 0.4919
July 0.4866 0.4628 0.4752
August 0.4769 0.4669 0.4730
September 0.4733 0.4633 0.4661
October 0.4679 0.4591 0.4625
November 0.4610 0.4558 0.4589
December 0.4748 0.4602 0.4692