2020 MAD to GEL Historical Review

YEARLY HIGH

0.3736 GEL

YEARLY LOW

0.2865 GEL

YEARLY AVERAGE

0.3284 GEL

2020 MAD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.3736. Conversely, the yearly low was recorded on February 25, dropping to 0.2865.

This high-to-low spread represents a total annual volatility of 0.0871 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2995 to the December average rate of 0.3668, the exchange rate registered a net change of 22.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3736 was up 20.29% compared to the 2019 peak of 0.3106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,868 GEL

2019 Average 1,465 GEL

Yearly Trough Low 1,433 GEL

Transaction Impact: A difference of 435.48 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3741

0.2865

JanuMarcMayJulySeptNove

MAD 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 0.3099, compared to 0.3469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0370 points.

H1 Avg (Jan–Jun) 0.3099

H2 Avg (Jul–Dec) 0.3469

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0615 GEL (High: 0.3519 / Low: 0.2904). On the other end, January was the most stable month, with a tight range of 0.0046 GEL (High: 0.3014 / Low: 0.2969).

March Spread (Volatile) ±0.0615

January Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0096 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.3633) against the same month in 2019 (average: 0.3075), the exchange rate shifted by +0.0559 (+18.17%).

2020 Avg (November) 0.3633

2019 Avg (November) 0.3075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3014	0.2969	0.2995
February	0.3012	0.2865	0.2938
March	0.3519	0.2904	0.3112
April	0.3252	0.3069	0.3141
May	0.3277	0.3222	0.3252
June	0.3286	0.3051	0.3156
July	0.3315	0.3150	0.3218
August	0.3379	0.3299	0.3348
September	0.3622	0.3346	0.3446
October	0.3544	0.3466	0.3503
November	0.3736	0.3512	0.3633
December	0.3710	0.3546	0.3668