YEARLY HIGH
0.9750 WST
YEARLY LOW
0.7663 WST
YEARLY AVERAGE
0.8576 WST

2020 GEL to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.9750. Conversely, the yearly low was recorded on November 5, dropping to 0.7663.

This high-to-low spread represents a total annual volatility of 0.2087 WST. From a start-to-finish perspective, comparing the January average rate of 0.9144 to the December average rate of 0.7743, the exchange rate registered a net change of -15.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9750 was down 1.86% compared to the 2019 peak of 0.9934, 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 4,875 WST
2019 Average 4,675 WST
Yearly Trough Low 3,832 WST
Transaction Impact: A difference of 1,043.32 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9584
0.7575
JanuMarcMayJulySeptNove

GEL to WST 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 0.8971, compared to 0.8181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0790 points.

H1 Avg (Jan–Jun) 0.8971
H2 Avg (Jul–Dec) 0.8181

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1785 WST (High: 0.9750 / Low: 0.7965). On the other end, August was the most stable month, with a tight range of 0.0107 WST (High: 0.8528 / Low: 0.8421).

March Spread (Volatile) ±0.1785
August Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0354 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.9063) against the same month in 2019 (average: 0.9728), the exchange rate shifted by -0.0665 (-6.84%).

2020 Avg (March) 0.9063
2019 Avg (March) 0.9728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9205 0.9080 0.9144
February 0.9682 0.9228 0.9417
March 0.9750 0.7965 0.9063
April 0.8921 0.8299 0.8727
May 0.8760 0.8561 0.8631
June 0.9320 0.8591 0.8844
July 0.8824 0.8434 0.8634
August 0.8528 0.8421 0.8478
September 0.8554 0.7884 0.8242
October 0.8300 0.8053 0.8163
November 0.8120 0.7663 0.7828
December 0.7828 0.7672 0.7743