YEARLY HIGH
0.3711 GEL
YEARLY LOW
0.3260 GEL
YEARLY AVERAGE
0.3490 GEL

2019 MOP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MOP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.3711. Conversely, the yearly low was recorded on February 18, dropping to 0.3260.

This high-to-low spread represents a total annual volatility of 0.0451 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3297 to the December average rate of 0.3598, the exchange rate registered a net change of 9.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3711 was up 11.72% compared to the 2018 peak of 0.3321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,855 GEL
2018 Average 1,540 GEL
Yearly Trough Low 1,630 GEL
Transaction Impact: A difference of 225.51 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3721
0.3241
JanuMarcMayJulySeptNove

MOP 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 0.3345, compared to 0.3634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0289 points.

H1 Avg (Jan–Jun) 0.3345
H2 Avg (Jul–Dec) 0.3634

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0202 GEL (High: 0.3684 / Low: 0.3482). On the other end, April was the most stable month, with a tight range of 0.0035 GEL (High: 0.3356 / Low: 0.3321).

July Spread (Volatile) ±0.0202
April Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between 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 0.0082 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.3681) against the same month in 2018 (average: 0.3140), the exchange rate shifted by +0.0541 (+17.22%).

2019 Avg (November) 0.3681
2018 Avg (November) 0.3140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3330 0.3273 0.3297
February 0.3326 0.3260 0.3281
March 0.3334 0.3290 0.3318
April 0.3356 0.3321 0.3335
May 0.3471 0.3348 0.3404
June 0.3556 0.3372 0.3437
July 0.3684 0.3482 0.3561
August 0.3684 0.3600 0.3628
September 0.3700 0.3623 0.3668
October 0.3707 0.3647 0.3669
November 0.3711 0.3658 0.3681
December 0.3685 0.3558 0.3598