2020 GEL to TRY Historical Review

YEARLY HIGH

2.5971 TRY

YEARLY LOW

1.8554 TRY

YEARLY AVERAGE

2.2521 TRY

2020 GEL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 2.5971. Conversely, the yearly low was recorded on March 25, dropping to 1.8554.

This high-to-low spread represents a total annual volatility of 0.7417 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0589 to the December average rate of 2.3382, the exchange rate registered a net change of 13.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5971 was up 14.92% compared to the 2019 peak of 2.2599, 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 12,986 TRY

2019 Average 10,100 TRY

Yearly Trough Low 9,277 TRY

Transaction Impact: A difference of 3,708.67 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5057

2.0183

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 2.1424, compared to 2.3618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2194 points.

H1 Avg (Jan–Jun) 2.1424

H2 Avg (Jul–Dec) 2.3618

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4492 TRY (High: 2.3046 / Low: 1.8554). On the other end, July was the most stable month, with a tight range of 0.0461 TRY (High: 2.2600 / Low: 2.2139).

March Spread (Volatile) ±0.4492

July Spread (Stable) ±0.0461

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0643 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2.4007) against the same month in 2019 (average: 1.9345), the exchange rate shifted by +0.4662 (+24.10%).

2020 Avg (November) 2.4007

2019 Avg (November) 1.9345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0903	2.0334	2.0589
February	2.2375	2.0688	2.1343
March	2.3046	1.8554	2.1142
April	2.2145	2.0197	2.1529
May	2.2429	2.1046	2.1619
June	2.2949	2.1093	2.2322
July	2.2600	2.2139	2.2362
August	2.3937	2.2468	2.3548
September	2.4247	2.3030	2.3758
October	2.5762	2.3683	2.4651
November	2.5971	2.2827	2.4007
December	2.3984	2.2504	2.3382