YEARLY HIGH
12.0788 THB
YEARLY LOW
10.1070 THB
YEARLY AVERAGE
11.0518 THB

2019 GEL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 12.0788. Conversely, the yearly low was recorded on November 21, dropping to 10.1070.

This high-to-low spread represents a total annual volatility of 1.9718 THB. From a start-to-finish perspective, comparing the January average rate of 11.9424 to the December average rate of 10.4478, the exchange rate registered a net change of -12.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.0788 was down 11.59% compared to the 2018 peak of 13.6623, 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 60,394 THB
2018 Average 65,044 THB
Yearly Trough Low 50,535 THB
Transaction Impact: A difference of 9,858.88 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.1172
10.0186
JanuMarcMayJulySeptNove

GEL to THB 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 11.6955, compared to 10.4082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2873 points.

H1 Avg (Jan–Jun) 11.6955
H2 Avg (Jul–Dec) 10.4082

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.7471 THB (High: 11.4980 / Low: 10.7509). On the other end, October was the most stable month, with a tight range of 0.1194 THB (High: 10.3083 / Low: 10.1889).

June Spread (Volatile) ±0.7471
October Spread (Stable) ±0.1194

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 0.4634 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 11.9424) against the same month in 2018 (average: 12.4656), the exchange rate shifted by -0.5233 (-4.20%).

2019 Avg (January) 11.9424
2018 Avg (January) 12.4656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.0788 11.7665 11.9424
February 11.9030 11.6888 11.8042
March 11.9579 11.7414 11.8295
April 11.8920 11.7640 11.8187
May 11.8411 11.2941 11.5571
June 11.4980 10.7509 11.2211
July 11.0140 10.4089 10.7577
August 10.6132 10.3236 10.4877
September 10.4218 10.2297 10.3178
October 10.3083 10.1889 10.2445
November 10.2770 10.1070 10.1935
December 10.5828 10.1912 10.4478