2019 ZAR to GEL Historical Review

YEARLY HIGH

0.2092 GEL

YEARLY LOW

0.1821 GEL

YEARLY AVERAGE

0.1949 GEL

2019 ZAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.2092. Conversely, the yearly low was recorded on June 6, dropping to 0.1821.

This high-to-low spread represents a total annual volatility of 0.0271 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1926 to the December average rate of 0.2009, the exchange rate registered a net change of 4.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2092 was down 2.28% compared to the 2018 peak of 0.2141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,462 GEL

2018 Average 9,439 GEL

Yearly Trough Low 9,105 GEL

Transaction Impact: A difference of 1,357.06 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2055

0.1846

JanuMarcMayJulySeptNove

ZAR 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 0.1905, compared to 0.1994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.1905

H2 Avg (Jul–Dec) 0.1994

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0199 GEL (High: 0.2020 / Low: 0.1821). On the other end, March was the most stable month, with a tight range of 0.0048 GEL (High: 0.1889 / Low: 0.1841).

June Spread (Volatile) ±0.0199

March Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between March and May, 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 0.0108 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.2038) against the same month in 2018 (average: 0.1829), the exchange rate shifted by +0.0209 (+11.44%).

2019 Avg (July) 0.2038

2018 Avg (July) 0.1829

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2001	0.1833	0.1926
February	0.1995	0.1867	0.1922
March	0.1889	0.1841	0.1863
April	0.1938	0.1868	0.1905
May	0.1938	0.1862	0.1909
June	0.2020	0.1821	0.1903
July	0.2092	0.1967	0.2038
August	0.2018	0.1891	0.1930
September	0.2030	0.1928	0.1991
October	0.2032	0.1934	0.1990
November	0.2037	0.1966	0.2005
December	0.2042	0.1954	0.2009