2020 ZAR to GEL Historical Review

YEARLY HIGH

0.2267 GEL

YEARLY LOW

0.1640 GEL

YEARLY AVERAGE

0.1900 GEL

2020 ZAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2267. Conversely, the yearly low was recorded on April 5, dropping to 0.1640.

This high-to-low spread represents a total annual volatility of 0.0627 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1998 to the December average rate of 0.2216, the exchange rate registered a net change of 10.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2267 was up 8.35% compared to the 2019 peak of 0.2092, 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 11,336 GEL

2019 Average 9,747 GEL

Yearly Trough Low 8,199 GEL

Transaction Impact: A difference of 3,137.03 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2266

0.1659

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 0.1825, compared to 0.1974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.1825

H2 Avg (Jul–Dec) 0.1974

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0322 GEL (High: 0.2001 / Low: 0.1680). On the other end, October was the most stable month, with a tight range of 0.0077 GEL (High: 0.1997 / Low: 0.1920).

March Spread (Volatile) ±0.0322

October Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0109 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2216) against the same month in 2019 (average: 0.2009), the exchange rate shifted by +0.0206 (+10.26%).

2020 Avg (December) 0.2216

2019 Avg (December) 0.2009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2041	0.1926	0.1998
February	0.1942	0.1781	0.1889
March	0.2001	0.1680	0.1804
April	0.1799	0.1640	0.1710
May	0.1840	0.1691	0.1765
June	0.1886	0.1750	0.1785
July	0.1881	0.1788	0.1833
August	0.1865	0.1744	0.1796
September	0.2001	0.1819	0.1901
October	0.1997	0.1920	0.1962
November	0.2187	0.1991	0.2138
December	0.2267	0.2173	0.2216