YEARLY HIGH
11.1869 GEL
YEARLY LOW
9.0295 GEL
YEARLY AVERAGE
10.1477 GEL

2020 KWD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 11.1869. Conversely, the yearly low was recorded on March 16, dropping to 9.0295.

This high-to-low spread represents a total annual volatility of 2.1574 GEL. From a start-to-finish perspective, comparing the January average rate of 9.4821 to the December average rate of 10.8052, the exchange rate registered a net change of 13.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.1869 was up 13.60% compared to the 2019 peak of 9.8478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,935 GEL
2019 Average 46,350 GEL
Yearly Trough Low 45,148 GEL
Transaction Impact: A difference of 10,787.10 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.0097
9.1655
JanuMarcMayJulySeptNove

KWD 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 9.8445, compared to 10.4508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6064 points.

H1 Avg (Jan–Jun) 9.8445
H2 Avg (Jul–Dec) 10.4508

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.0562 GEL (High: 11.0857 / Low: 9.0295). On the other end, August was the most stable month, with a tight range of 0.0866 GEL (High: 10.1641 / Low: 10.0775).

March Spread (Volatile) ±2.0562
August Spread (Stable) ±0.0866

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4432 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 10.8560) against the same month in 2019 (average: 9.7687), the exchange rate shifted by +1.0874 (+11.13%).

2020 Avg (November) 10.8560
2019 Avg (November) 9.7687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.5371 9.3995 9.4821
February 9.5108 9.0745 9.3192
March 11.0857 9.0295 9.7487
April 10.5235 10.0855 10.2271
May 10.4255 10.3070 10.3665
June 10.3546 9.5705 9.9233
July 10.1317 9.9202 10.0015
August 10.1641 10.0775 10.1108
September 10.9373 10.0463 10.3895
October 10.6932 10.4705 10.5420
November 11.1869 10.6051 10.8560
December 10.9295 10.7239 10.8052