YEARLY HIGH
0.0027 GEL
YEARLY LOW
0.0019 GEL
YEARLY AVERAGE
0.0023 GEL

2020 MMK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0027. Conversely, the yearly low was recorded on February 25, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0007 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0025, the exchange rate registered a net change of 25.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0027 was up 34.16% compared to the 2019 peak of 0.0020, 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 13 GEL
2019 Average 9 GEL
Yearly Trough Low 10 GEL
Transaction Impact: A difference of 3.68 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0026
0.0019
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 0.0021, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0005 GEL (High: 0.0025 / Low: 0.0019). On the other end, May was the most stable month, with a tight range of 0.0000 GEL (High: 0.0023 / Low: 0.0023).

March Spread (Volatile) ±0.0005
May Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0026) against the same month in 2019 (average: 0.0020), the exchange rate shifted by +0.0006 (+30.39%).

2020 Avg (November) 0.0026
2019 Avg (November) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0019 0.0020
February 0.0020 0.0019 0.0020
March 0.0025 0.0019 0.0022
April 0.0024 0.0022 0.0022
May 0.0023 0.0023 0.0023
June 0.0023 0.0021 0.0022
July 0.0023 0.0022 0.0022
August 0.0023 0.0022 0.0023
September 0.0026 0.0023 0.0024
October 0.0025 0.0025 0.0025
November 0.0027 0.0025 0.0026
December 0.0025 0.0024 0.0025