YEARLY HIGH
18.4555 PHP
YEARLY LOW
14.1177 PHP
YEARLY AVERAGE
15.9928 PHP

2020 GEL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 18.4555. Conversely, the yearly low was recorded on November 5, dropping to 14.1177.

This high-to-low spread represents a total annual volatility of 4.3378 PHP. From a start-to-finish perspective, comparing the January average rate of 17.6646 to the December average rate of 14.5965, the exchange rate registered a net change of -17.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 18.4555 was down 7.46% compared to the 2019 peak of 19.9434, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,278 PHP
2019 Average 92,095 PHP
Yearly Trough Low 70,589 PHP
Transaction Impact: A difference of 21,689.13 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.2056
14.2079
JanuMarcMayJulySeptNove

GEL to PHP 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 16.7670, compared to 15.2186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5484 points.

H1 Avg (Jan–Jun) 16.7670
H2 Avg (Jul–Dec) 15.2186

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.7105 PHP (High: 18.4555 / Low: 14.7450). On the other end, December was the most stable month, with a tight range of 0.2720 PHP (High: 14.7114 / Low: 14.4395).

March Spread (Volatile) ±3.7105
December Spread (Stable) ±0.2720

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0682 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 16.9863) against the same month in 2019 (average: 19.5786), the exchange rate shifted by -2.5924 (-13.24%).

2020 Avg (March) 16.9863
2019 Avg (March) 19.5786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.8662 17.4940 17.6646
February 18.3725 17.5573 17.8725
March 18.4555 14.7450 16.9863
April 16.1969 15.4503 15.9180
May 15.9361 15.5725 15.7739
June 16.8866 15.6357 16.3870
July 16.2251 15.8806 16.0795
August 15.9184 15.6039 15.7789
September 15.8128 14.4453 15.2763
October 15.1594 14.7970 15.0395
November 14.9915 14.1177 14.5411
December 14.7114 14.4395 14.5965