2019 JOD to GEL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 JOD to GEL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the JOD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 4.2172. Conversely, the yearly low was recorded on February 18, dropping to 3.7139.
This high-to-low spread represents a total annual volatility of 0.5033 GEL. From a start-to-finish perspective, comparing the January average rate of 3.7524 to the December average rate of 4.0779, the exchange rate registered a net change of 8.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 4.2172 was up 11.66% compared to the 2018 peak of 3.7768, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
JOD to GEL 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 3.8105, compared to 4.1326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3221 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 0.2468 GEL (High: 4.1890 / Low: 3.9421). On the other end, April was the most stable month, with a tight range of 0.0290 GEL (High: 3.8160 / Low: 3.7870).
Growth Streaks & Declines
TrendsBetween February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 4.1853) against the same month in 2018 (average: 3.5669), the exchange rate shifted by +0.6184 (+17.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.7771 | 3.7415 | 3.7524 |
| February | 3.7925 | 3.7139 | 3.7392 |
| March | 3.8011 | 3.7534 | 3.7823 |
| April | 3.8160 | 3.7870 | 3.8014 |
| May | 3.9563 | 3.8152 | 3.8803 |
| June | 4.0338 | 3.8364 | 3.9076 |
| July | 4.1890 | 3.9421 | 4.0427 |
| August | 4.1608 | 4.0973 | 4.1325 |
| September | 4.2019 | 4.1467 | 4.1764 |
| October | 4.2101 | 4.1537 | 4.1808 |
| November | 4.2172 | 4.1674 | 4.1853 |
| December | 4.1890 | 4.0240 | 4.0779 |