YEARLY HIGH
0.8223 GEL
YEARLY LOW
0.7237 GEL
YEARLY AVERAGE
0.7734 GEL

2019 QAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.8223. Conversely, the yearly low was recorded on February 18, dropping to 0.7237.

This high-to-low spread represents a total annual volatility of 0.0987 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7314 to the December average rate of 0.7942, the exchange rate registered a net change of 8.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8223 was up 11.72% compared to the 2018 peak of 0.7360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,112 GEL
2018 Average 3,413 GEL
Yearly Trough Low 3,618 GEL
Transaction Impact: A difference of 493.32 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8236
0.7198
JanuMarcMayJulySeptNove

QAR 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 0.7422, compared to 0.8046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0624 points.

H1 Avg (Jan–Jun) 0.7422
H2 Avg (Jul–Dec) 0.8046

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0481 GEL (High: 0.8158 / Low: 0.7676). On the other end, April was the most stable month, with a tight range of 0.0060 GEL (High: 0.7434 / Low: 0.7374).

July Spread (Volatile) ±0.0481
April Spread (Stable) ±0.0060

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 0.0207 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.8139) against the same month in 2018 (average: 0.6725), the exchange rate shifted by +0.1415 (+21.04%).

2019 Avg (October) 0.8139
2018 Avg (October) 0.6725

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7360 0.7292 0.7314
February 0.7388 0.7237 0.7285
March 0.7402 0.7300 0.7365
April 0.7434 0.7374 0.7401
May 0.7704 0.7426 0.7555
June 0.7855 0.7470 0.7609
July 0.8158 0.7676 0.7872
August 0.8103 0.7979 0.8043
September 0.8171 0.8074 0.8130
October 0.8223 0.8088 0.8139
November 0.8212 0.8109 0.8150
December 0.8157 0.7841 0.7942