2018 BBD to GEL Historical Review

YEARLY HIGH

1.3400 GEL

YEARLY LOW

1.2095 GEL

YEARLY AVERAGE

1.2427 GEL

2018 BBD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BBD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.3400. Conversely, the yearly low was recorded on April 4, dropping to 1.2095.

This high-to-low spread represents a total annual volatility of 0.1305 GEL. From a start-to-finish perspective, comparing the January average rate of 1.2789 to the December average rate of 1.3312, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3400 was down 2.93% compared to the 2017 peak of 1.3805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,700 GEL

2017 Average 6,248 GEL

Yearly Trough Low 6,048 GEL

Transaction Impact: A difference of 652.43 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3425

1.2078

JanuMarcMayJulySeptNove

BBD 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 1.2342, compared to 1.2511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 1.2342

H2 Avg (Jul–Dec) 1.2511

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1096 GEL (High: 1.3331 / Low: 1.2235). On the other end, July was the most stable month, with a tight range of 0.0030 GEL (High: 1.2252 / Low: 1.2222).

November Spread (Volatile) ±0.1096

July Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between April and June, 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 0.0491 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.3312) against the same month in 2017 (average: 1.3121), the exchange rate shifted by +0.0192 (+1.46%).

2018 Avg (December) 1.3312

2017 Avg (December) 1.3121

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2958	1.2327	1.2789
February	1.2395	1.2208	1.2298
March	1.2321	1.2170	1.2234
April	1.2334	1.2095	1.2190
May	1.2397	1.2163	1.2270
June	1.2334	1.2222	1.2272
July	1.2252	1.2222	1.2238
August	1.2414	1.2235	1.2339
September	1.2435	1.2235	1.2283
October	1.2289	1.2235	1.2240
November	1.3331	1.2235	1.2654
December	1.3400	1.3241	1.3312