2020 PEN to GEL Historical Review

YEARLY HIGH

0.9845 GEL

YEARLY LOW

0.7895 GEL

YEARLY AVERAGE

0.8908 GEL

2020 PEN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.9845. Conversely, the yearly low was recorded on March 14, dropping to 0.7895.

This high-to-low spread represents a total annual volatility of 0.1949 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8654 to the December average rate of 0.9149, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9845 was up 9.23% compared to the 2019 peak of 0.9013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,922 GEL

2019 Average 4,221 GEL

Yearly Trough Low 3,948 GEL

Transaction Impact: A difference of 974.62 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9475

0.8286

JanuMarcMayJulySeptNove

PEN 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 0.8870, compared to 0.8946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.8870

H2 Avg (Jul–Dec) 0.8946

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1949 GEL (High: 0.9845 / Low: 0.7895). On the other end, August was the most stable month, with a tight range of 0.0155 GEL (High: 0.8772 / Low: 0.8617).

March Spread (Volatile) ±0.1949

August Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0583 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8651) against the same month in 2019 (average: 0.8114), the exchange rate shifted by +0.0537 (+6.62%).

2020 Avg (March) 0.8651

2019 Avg (March) 0.8114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8714	0.8538	0.8654
February	0.8539	0.8076	0.8385
March	0.9845	0.7895	0.8651
April	0.9542	0.9162	0.9359
May	0.9532	0.9275	0.9376
June	0.9378	0.8595	0.8793
July	0.8831	0.8624	0.8738
August	0.8772	0.8617	0.8683
September	0.9339	0.8664	0.8940
October	0.9087	0.8860	0.8969
November	0.9503	0.8961	0.9197
December	0.9276	0.9061	0.9149