2018 AOA to GEL Historical Review

YEARLY HIGH

0.0156 GEL

YEARLY LOW

0.0079 GEL

YEARLY AVERAGE

0.0102 GEL

2018 AOA to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AOA to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0156. Conversely, the yearly low was recorded on November 14, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0077 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0086, the exchange rate registered a net change of -40.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0156 was down 5.91% compared to the 2017 peak of 0.0166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78 GEL

2017 Average 75 GEL

Yearly Trough Low 39 GEL

Transaction Impact: A difference of 38.67 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0150

0.0075

JanuMarcMayJulySeptNove

AOA 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 0.0116, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0116

H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0036 GEL (High: 0.0156 / Low: 0.0120). On the other end, December was the most stable month, with a tight range of 0.0001 GEL (High: 0.0087 / Low: 0.0086).

January Spread (Volatile) ±0.0036

December Spread (Stable) ±0.0001

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 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0144) against the same month in 2017 (average: 0.0163), the exchange rate shifted by -0.0019 (-11.60%).

2018 Avg (January) 0.0144

2017 Avg (January) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0156	0.0120	0.0144
February	0.0120	0.0116	0.0117
March	0.0116	0.0113	0.0114
April	0.0114	0.0108	0.0112
May	0.0109	0.0103	0.0106
June	0.0104	0.0098	0.0101
July	0.0099	0.0095	0.0097
August	0.0095	0.0090	0.0093
September	0.0090	0.0083	0.0086
October	0.0083	0.0079	0.0081
November	0.0086	0.0079	0.0082
December	0.0087	0.0086	0.0086