2019 GEL to VEF Historical Review

YEARLY HIGH

94302.7105 VEF

YEARLY LOW

83106.2349 VEF

YEARLY AVERAGE

88416.3705 VEF

2019 GEL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 94302.7105. Conversely, the yearly low was recorded on November 21, dropping to 83106.2349.

This high-to-low spread represents a total annual volatility of 11196.4757 VEF. From a start-to-finish perspective, comparing the January average rate of 93312.3349 to the December average rate of 85949.3872, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 94302.7105 was down 7.17% compared to the 2018 peak of 101581.0240, 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 471,513,553 VEF

2018 Average 254,996,358 VEF

Yearly Trough Low 415,531,174 VEF

Transaction Impact: A difference of 55,982,378.32 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

94676.5860

82750.1596

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 91985.5424, compared to 84847.1986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7138.3438 points.

H1 Avg (Jan–Jun) 91985.5424

H2 Avg (Jul–Dec) 84847.1986

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 5238.4715 VEF (High: 88904.3443 / Low: 83665.8728). On the other end, April was the most stable month, with a tight range of 684.2633 VEF (High: 92546.6079 / Low: 91862.3446).

July Spread (Volatile) ±5238.4715

April Spread (Stable) ±684.2633

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 2989.1138 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -2989.1138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 93682.7172) against the same month in 2018 (average: 6643.4810), the exchange rate shifted by +87039.2362 (+1310.15%).

2019 Avg (February) 93682.7172

2018 Avg (February) 6643.4810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	93592.3323	92719.2695	93312.3349
February	94302.7105	92374.5882	93682.7172
March	93416.4069	92203.2068	92658.9679
April	92546.6079	91862.3446	92209.4060
May	91862.3446	88587.3947	90337.9673
June	91355.7508	86883.7910	89711.8613
July	88904.3443	83665.8728	86722.7475
August	85537.9147	84233.0991	84857.7988
September	84519.6062	83385.1148	83944.3683
October	84376.1094	83245.4413	83864.8613
November	84158.3550	83106.2349	83744.0285
December	87035.9517	83665.8728	85949.3872