2018 AFN to GEL Historical Review

YEARLY HIGH

0.0383 GEL

YEARLY LOW

0.0321 GEL

YEARLY AVERAGE

0.0344 GEL

2018 AFN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0383. Conversely, the yearly low was recorded on November 15, dropping to 0.0321.

This high-to-low spread represents a total annual volatility of 0.0062 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0352, the exchange rate registered a net change of -3.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0383 was down 7.50% compared to the 2017 peak of 0.0414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191 GEL

2017 Average 184 GEL

Yearly Trough Low 161 GEL

Transaction Impact: A difference of 30.81 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0371

0.0319

JanuMarcMayJulySeptNove

AFN 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 0.0352, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0352

H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0062 GEL (High: 0.0383 / Low: 0.0321). On the other end, October was the most stable month, with a tight range of 0.0004 GEL (High: 0.0326 / Low: 0.0322).

November Spread (Volatile) ±0.0062

October Spread (Stable) ±0.0004

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 January and February, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0336) against the same month in 2017 (average: 0.0376), the exchange rate shifted by -0.0040 (-10.61%).

2018 Avg (November) 0.0336

2017 Avg (November) 0.0376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0373	0.0355	0.0367
February	0.0358	0.0351	0.0355
March	0.0355	0.0351	0.0352
April	0.0351	0.0346	0.0348
May	0.0349	0.0341	0.0345
June	0.0345	0.0334	0.0342
July	0.0342	0.0332	0.0336
August	0.0341	0.0336	0.0339
September	0.0337	0.0322	0.0328
October	0.0326	0.0322	0.0323
November	0.0383	0.0321	0.0336
December	0.0357	0.0349	0.0352