2020 TRY to GEL Historical Review

YEARLY HIGH

0.5390 GEL

YEARLY LOW

0.3850 GEL

YEARLY AVERAGE

0.4457 GEL

2020 TRY to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.5390. Conversely, the yearly low was recorded on November 2, dropping to 0.3850.

This high-to-low spread represents a total annual volatility of 0.1539 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4857 to the December average rate of 0.4278, the exchange rate registered a net change of -11.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5390 was up 0.73% compared to the 2019 peak of 0.5351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 26,949 GEL

2019 Average 24,801 GEL

Yearly Trough Low 19,252 GEL

Transaction Impact: A difference of 7,696.55 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4937

0.3978

JanuMarcMayJulySeptNove

TRY 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 0.4675, compared to 0.4240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0435 points.

H1 Avg (Jan–Jun) 0.4675

H2 Avg (Jul–Dec) 0.4240

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1051 GEL (High: 0.5390 / Low: 0.4339). On the other end, July was the most stable month, with a tight range of 0.0092 GEL (High: 0.4517 / Low: 0.4425).

March Spread (Volatile) ±0.1051

July Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0224 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4748) against the same month in 2019 (average: 0.4892), the exchange rate shifted by -0.0144 (-2.95%).

2020 Avg (March) 0.4748

2019 Avg (March) 0.4892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4918	0.4784	0.4857
February	0.4834	0.4469	0.4688
March	0.5390	0.4339	0.4748
April	0.4951	0.4516	0.4647
May	0.4752	0.4458	0.4627
June	0.4741	0.4357	0.4481
July	0.4517	0.4425	0.4472
August	0.4451	0.4178	0.4248
September	0.4342	0.4124	0.4210
October	0.4222	0.3882	0.4058
November	0.4381	0.3850	0.4171
December	0.4444	0.4169	0.4278