2020 GEL to THB Historical Review

YEARLY HIGH

11.5333 THB

YEARLY LOW

8.9912 THB

YEARLY AVERAGE

10.0771 THB

2020 GEL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 11.5333. Conversely, the yearly low was recorded on November 5, dropping to 8.9912.

This high-to-low spread represents a total annual volatility of 2.5421 THB. From a start-to-finish perspective, comparing the January average rate of 10.5712 to the December average rate of 9.1267, the exchange rate registered a net change of -13.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.5333 was down 4.52% compared to the 2019 peak of 12.0788, 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 57,667 THB

2019 Average 55,237 THB

Yearly Trough Low 44,956 THB

Transaction Impact: A difference of 12,710.53 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.2146

8.9368

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 10.4567, compared to 9.6975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7592 points.

H1 Avg (Jan–Jun) 10.4567

H2 Avg (Jul–Dec) 9.6975

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.0582 THB (High: 11.5333 / Low: 9.4751). On the other end, August was the most stable month, with a tight range of 0.1203 THB (High: 10.1618 / Low: 10.0415).

March Spread (Volatile) ±2.0582

August Spread (Stable) ±0.1203

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5185 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 10.6833) against the same month in 2019 (average: 11.8295), the exchange rate shifted by -1.1461 (-9.69%).

2020 Avg (March) 10.6833

2019 Avg (March) 11.8295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7989	10.4709	10.5712
February	11.4209	10.7537	11.0248
March	11.5333	9.4751	10.6833
April	10.4404	10.0277	10.2556
May	10.1763	9.9128	10.0108
June	10.6761	9.8966	10.1944
July	10.3491	10.0925	10.2238
August	10.1618	10.0415	10.0991
September	10.2094	9.4328	9.8726
October	9.8349	9.5975	9.6906
November	9.6298	8.9912	9.1721
December	9.2037	9.0290	9.1267