2013 GEL to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GEL to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GEL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 3.8522. Conversely, the yearly low was recorded on January 23, dropping to 2.5823.
This high-to-low spread represents a total annual volatility of 1.2699 VEF. From a start-to-finish perspective, comparing the January average rate of 2.5905 to the December average rate of 3.6318, the exchange rate registered a net change of 40.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 3.8522 was up 45.28% compared to the 2012 peak of 2.6515, 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 2013.
GEL to VEF 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 3.2474, compared to 3.7560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5086 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was March, with a trading range of 1.2112 VEF (High: 3.7955 / Low: 2.5843). On the other end, July was the most stable month, with a tight range of 0.0092 VEF (High: 3.8059 / Low: 3.7967).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1161 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2013: 3.8338) against the same month in 2012 (average: 2.6426), the exchange rate shifted by +1.1912 (+45.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.5934 | 2.5823 | 2.5905 |
| February | 2.5980 | 2.5858 | 2.5937 |
| March | 3.7955 | 2.5843 | 2.8611 |
| April | 3.8151 | 3.7944 | 3.8052 |
| May | 3.8522 | 3.8107 | 3.8338 |
| June | 3.8254 | 3.7621 | 3.8000 |
| July | 3.8059 | 3.7967 | 3.8015 |
| August | 3.8044 | 3.7787 | 3.7880 |
| September | 3.7979 | 3.7767 | 3.7873 |
| October | 3.7872 | 3.7644 | 3.7792 |
| November | 3.7640 | 3.7138 | 3.7480 |
| December | 3.7146 | 3.5974 | 3.6318 |