2020 PGK to GEL Historical Review

YEARLY HIGH

1.0031 GEL

YEARLY LOW

0.8007 GEL

YEARLY AVERAGE

0.8974 GEL

2020 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 1.0031. Conversely, the yearly low was recorded on March 11, dropping to 0.8007.

This high-to-low spread represents a total annual volatility of 0.2025 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8457 to the December average rate of 0.9368, the exchange rate registered a net change of 10.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0031 was down 4.87% compared to the 2019 peak of 1.0544, 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 5,016 GEL

2019 Average 4,163 GEL

Yearly Trough Low 4,003 GEL

Transaction Impact: A difference of 1,012.33 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9540

0.8249

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 0.8821, compared to 0.9126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0305 points.

H1 Avg (Jan–Jun) 0.8821

H2 Avg (Jul–Dec) 0.9126

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2025 GEL (High: 1.0031 / Low: 0.8007). On the other end, December was the most stable month, with a tight range of 0.0166 GEL (High: 0.9448 / Low: 0.9282).

March Spread (Volatile) ±0.2025

December Spread (Stable) ±0.0166

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 0.0412 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8800) against the same month in 2019 (average: 0.7949), the exchange rate shifted by +0.0850 (+10.70%).

2020 Avg (March) 0.8800

2019 Avg (March) 0.7949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8565	0.8332	0.8457
February	0.8569	0.8152	0.8356
March	1.0031	0.8007	0.8800
April	0.9570	0.9078	0.9236
May	0.9388	0.9087	0.9245
June	0.9221	0.8525	0.8833
July	0.8985	0.8753	0.8854
August	0.8910	0.8742	0.8807
September	0.9586	0.8708	0.9100
October	0.9289	0.9102	0.9197
November	0.9734	0.9234	0.9432
December	0.9448	0.9282	0.9368