YEARLY HIGH
0.0020 GEL
YEARLY LOW
0.0017 GEL
YEARLY AVERAGE
0.0019 GEL

2019 MMK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0020. Conversely, the yearly low was recorded on February 13, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0003 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0019, the exchange rate registered a net change of 10.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0020 was up 2.83% compared to the 2018 peak of 0.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 GEL
2018 Average 9 GEL
Yearly Trough Low 9 GEL
Transaction Impact: A difference of 1.38 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0020
0.0017
JanuMarcMayJulySeptNove

MMK 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 0.0018, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0001 GEL (High: 0.0020 / Low: 0.0019). On the other end, April was the most stable month, with a tight range of 0.0000 GEL (High: 0.0018 / Low: 0.0018).

July Spread (Volatile) ±0.0001
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0020) against the same month in 2018 (average: 0.0016), the exchange rate shifted by +0.0004 (+23.65%).

2019 Avg (November) 0.0020
2018 Avg (November) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0017 0.0017
February 0.0018 0.0017 0.0017
March 0.0018 0.0017 0.0018
April 0.0018 0.0018 0.0018
May 0.0018 0.0018 0.0018
June 0.0019 0.0018 0.0018
July 0.0020 0.0019 0.0019
August 0.0020 0.0019 0.0019
September 0.0020 0.0019 0.0019
October 0.0020 0.0019 0.0019
November 0.0020 0.0019 0.0020
December 0.0020 0.0019 0.0019