2019 GEL to TRY Historical Review

YEARLY HIGH

2.2599 TRY

YEARLY LOW

1.8688 TRY

YEARLY AVERAGE

2.0198 TRY

2019 GEL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 2.2599. Conversely, the yearly low was recorded on August 8, dropping to 1.8688.

This high-to-low spread represents a total annual volatility of 0.3910 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0126 to the December average rate of 2.0265, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2599 was down 20.45% compared to the 2018 peak of 2.8408, 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 11,299 TRY

2018 Average 9,753 TRY

Yearly Trough Low 9,344 TRY

Transaction Impact: A difference of 1,955.24 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2220

1.9023

JanuMarcMayJulySeptNove

GEL to TRY 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 2.0806, compared to 1.9589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1217 points.

H1 Avg (Jan–Jun) 2.0806

H2 Avg (Jul–Dec) 1.9589

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1763 TRY (High: 2.0549 / Low: 1.8786). On the other end, November was the most stable month, with a tight range of 0.0428 TRY (High: 1.9486 / Low: 1.9059).

July Spread (Volatile) ±0.1763

November Spread (Stable) ±0.0428

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.1205 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 2.1953) against the same month in 2018 (average: 1.8048), the exchange rate shifted by +0.3905 (+21.64%).

2019 Avg (May) 2.1953

2018 Avg (May) 1.8048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0647	1.9514	2.0126
February	2.0111	1.9599	1.9884
March	2.1504	1.9909	2.0449
April	2.2075	2.0506	2.1430
May	2.2599	2.0970	2.1953
June	2.1568	2.0176	2.0996
July	2.0549	1.8786	1.9792
August	1.9915	1.8688	1.9290
September	1.9855	1.8959	1.9292
October	1.9967	1.9166	1.9552
November	1.9486	1.9059	1.9345
December	2.0836	1.9336	2.0265