2020 GEL to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 185.2786. Conversely, the yearly low was recorded on March 25, dropping to 148.6582.
This high-to-low spread represents a total annual volatility of 36.6203 SYP. From a start-to-finish perspective, comparing the January average rate of 178.9535 to the December average rate of 155.6930, the exchange rate registered a net change of -13.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 185.2786 was down 5.21% compared to the 2019 peak of 195.4637, 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 SYP 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 170.2581, compared to 160.4475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.8106 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 36.2823 SYP (High: 184.9405 / Low: 148.6582). On the other end, August was the most stable month, with a tight range of 1.5755 SYP (High: 166.1592 / Low: 164.5837).
Growth Streaks & Declines
TrendsNo 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 10.4304 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 181.1667) against the same month in 2019 (average: 194.1541), the exchange rate shifted by -12.9874 (-6.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 180.7211 | 177.8703 | 178.9535 |
| February | 185.2786 | 178.1866 | 181.1667 |
| March | 184.9405 | 148.6582 | 171.7758 |
| April | 163.6499 | 156.6270 | 161.3454 |
| May | 161.2932 | 159.4231 | 160.2542 |
| June | 174.1562 | 160.8577 | 168.0531 |
| July | 167.9116 | 165.3882 | 166.9111 |
| August | 166.1592 | 164.5837 | 165.5785 |
| September | 166.2877 | 152.8526 | 161.0560 |
| October | 159.8403 | 156.3505 | 158.8732 |
| November | 158.2296 | 149.6746 | 154.5730 |
| December | 156.7206 | 154.2402 | 155.6930 |