YEARLY HIGH
0.8640 GEL
YEARLY LOW
0.7147 GEL
YEARLY AVERAGE
0.7910 GEL

2019 ILS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ILS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.8640. Conversely, the yearly low was recorded on January 2, dropping to 0.7147.

This high-to-low spread represents a total annual volatility of 0.1493 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7224 to the December average rate of 0.8323, the exchange rate registered a net change of 15.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8640 was up 13.89% compared to the 2018 peak of 0.7586, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,320 GEL
2018 Average 3,459 GEL
Yearly Trough Low 3,573 GEL
Transaction Impact: A difference of 746.40 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8645
0.7095
JanuMarcMayJulySeptNove

ILS 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 0.7470, compared to 0.8351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0881 points.

H1 Avg (Jan–Jun) 0.7470
H2 Avg (Jul–Dec) 0.8351

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0674 GEL (High: 0.8493 / Low: 0.7819). On the other end, April was the most stable month, with a tight range of 0.0139 GEL (High: 0.7561 / Low: 0.7422).

July Spread (Volatile) ±0.0674
April Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0193 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.8516) against the same month in 2018 (average: 0.6830), the exchange rate shifted by +0.1686 (+24.69%).

2019 Avg (November) 0.8516
2018 Avg (November) 0.6830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7311 0.7147 0.7224
February 0.7437 0.7216 0.7316
March 0.7467 0.7325 0.7412
April 0.7561 0.7422 0.7500
May 0.7756 0.7520 0.7664
June 0.7991 0.7592 0.7704
July 0.8493 0.7819 0.8086
August 0.8442 0.8228 0.8345
September 0.8573 0.8303 0.8411
October 0.8571 0.8329 0.8424
November 0.8640 0.8375 0.8516
December 0.8551 0.8197 0.8323