2019 PGK to GEL Historical Review

YEARLY HIGH

1.0544 GEL

YEARLY LOW

0.7819 GEL

YEARLY AVERAGE

0.8323 GEL

2019 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1.0544. Conversely, the yearly low was recorded on February 18, dropping to 0.7819.

This high-to-low spread represents a total annual volatility of 0.2725 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7917 to the December average rate of 0.8484, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0544 was up 30.60% compared to the 2018 peak of 0.8074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,272 GEL

2018 Average 3,781 GEL

Yearly Trough Low 3,910 GEL

Transaction Impact: A difference of 1,362.68 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8858

0.7793

JanuMarcMayJulySeptNove

PGK 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 0.8015, compared to 0.8631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0616 points.

H1 Avg (Jan–Jun) 0.8015

H2 Avg (Jul–Dec) 0.8631

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.1941 GEL (High: 1.0544 / Low: 0.8603). On the other end, March was the most stable month, with a tight range of 0.0103 GEL (High: 0.7986 / Low: 0.7882).

November Spread (Volatile) ±0.1941

March Spread (Stable) ±0.0103

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 0.0285 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.8769) against the same month in 2018 (average: 0.7537), the exchange rate shifted by +0.1231 (+16.34%).

2019 Avg (November) 0.8769

2018 Avg (November) 0.7537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7974	0.7852	0.7917
February	0.7991	0.7819	0.7881
March	0.7986	0.7882	0.7949
April	0.8051	0.7944	0.7988
May	0.8308	0.8029	0.8154
June	0.8457	0.8058	0.8198
July	0.8765	0.8257	0.8464
August	0.8758	0.8516	0.8624
September	0.8777	0.8590	0.8713
October	0.8797	0.8671	0.8731
November	1.0544	0.8603	0.8769
December	0.8722	0.8279	0.8484