YEARLY HIGH
0.8249 GEL
YEARLY LOW
0.6475 GEL
YEARLY AVERAGE
0.7414 GEL

2020 MYR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.8249. Conversely, the yearly low was recorded on March 16, dropping to 0.6475.

This high-to-low spread represents a total annual volatility of 0.1774 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7057 to the December average rate of 0.8121, the exchange rate registered a net change of 15.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8249 was up 14.45% compared to the 2019 peak of 0.7208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 16,498 GEL
2019 Average 13,599 GEL
Yearly Trough Low 12,950 GEL
Transaction Impact: A difference of 3,547.53 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8249
0.6709
JanuMarcMayJulySeptNove

MYR 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 0.7126, compared to 0.7701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0575 points.

H1 Avg (Jan–Jun) 0.7126
H2 Avg (Jul–Dec) 0.7701

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1406 GEL (High: 0.7882 / Low: 0.6475). On the other end, January was the most stable month, with a tight range of 0.0134 GEL (High: 0.7105 / Low: 0.6971).

March Spread (Volatile) ±0.1406
January Spread (Stable) ±0.0134

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 0.0234 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.8072) against the same month in 2019 (average: 0.7138), the exchange rate shifted by +0.0934 (+13.09%).

2020 Avg (November) 0.8072
2019 Avg (November) 0.7138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7105 0.6971 0.7057
February 0.7055 0.6565 0.6838
March 0.7882 0.6475 0.7015
April 0.7539 0.7166 0.7318
May 0.7458 0.7299 0.7382
June 0.7493 0.6912 0.7148
July 0.7300 0.7125 0.7204
August 0.7443 0.7288 0.7380
September 0.8063 0.7396 0.7660
October 0.7891 0.7708 0.7768
November 0.8249 0.7801 0.8072
December 0.8190 0.8054 0.8121