YEARLY HIGH
0.5555 GEL
YEARLY LOW
0.1890 GEL
YEARLY AVERAGE
0.5244 GEL

2019 GHS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.5555. Conversely, the yearly low was recorded on May 19, dropping to 0.1890.

This high-to-low spread represents a total annual volatility of 0.3665 GEL. From a start-to-finish perspective, comparing the January average rate of 0.5435 to the December average rate of 0.5075, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5555 was down 2.99% compared to the 2018 peak of 0.5726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 2,777 GEL
2018 Average 2,656 GEL
Yearly Trough Low 945 GEL
Transaction Impact: A difference of 1,832.47 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5483
0.4903
JanuMarcMayJulySeptNove

GHS to GEL 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 0.5159, compared to 0.5330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 0.5159
H2 Avg (Jul–Dec) 0.5330

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.3459 GEL (High: 0.5349 / Low: 0.1890). On the other end, September was the most stable month, with a tight range of 0.0102 GEL (High: 0.5472 / Low: 0.5370).

May Spread (Volatile) ±0.3459
September Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0390 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.5435) against the same month in 2018 (average: 0.5049), the exchange rate shifted by +0.0386 (+7.64%).

2019 Avg (October) 0.5435
2018 Avg (October) 0.5049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5545 0.5296 0.5435
February 0.5349 0.4818 0.5045
March 0.5277 0.4753 0.4951
April 0.5301 0.4965 0.5204
May 0.5349 0.1890 0.5184
June 0.5259 0.5050 0.5135
July 0.5507 0.5166 0.5318
August 0.5480 0.5360 0.5399
September 0.5472 0.5370 0.5399
October 0.5555 0.5361 0.5435
November 0.5421 0.5304 0.5353
December 0.5285 0.4966 0.5075