2020 SAR to GEL Historical Review

YEARLY HIGH

0.9213 GEL

YEARLY LOW

0.7408 GEL

YEARLY AVERAGE

0.8296 GEL

2020 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.9213. Conversely, the yearly low was recorded on February 25, dropping to 0.7408.

This high-to-low spread represents a total annual volatility of 0.1804 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7671 to the December average rate of 0.8781, the exchange rate registered a net change of 14.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9213 was up 15.54% compared to the 2019 peak of 0.7974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,606 GEL

2019 Average 3,755 GEL

Yearly Trough Low 3,704 GEL

Transaction Impact: A difference of 902.14 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8974

0.7452

JanuMarcMayJulySeptNove

SAR 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 0.8069, compared to 0.8522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0453 points.

H1 Avg (Jan–Jun) 0.8069

H2 Avg (Jul–Dec) 0.8522

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1792 GEL (High: 0.9213 / Low: 0.7421). On the other end, August was the most stable month, with a tight range of 0.0062 GEL (High: 0.8287 / Low: 0.8225).

March Spread (Volatile) ±0.1792

August Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0385 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8033) against the same month in 2019 (average: 0.7150), the exchange rate shifted by +0.0883 (+12.34%).

2020 Avg (March) 0.8033

2019 Avg (March) 0.7150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7717	0.7598	0.7671
February	0.7703	0.7408	0.7579
March	0.9213	0.7421	0.8033
April	0.8732	0.8354	0.8465
May	0.8572	0.8474	0.8526
June	0.8497	0.7856	0.8141
July	0.8251	0.8144	0.8192
August	0.8287	0.8225	0.8242
September	0.8932	0.8199	0.8475
October	0.8732	0.8543	0.8598
November	0.9118	0.8639	0.8847
December	0.8865	0.8719	0.8781