2018 BGN to GEL Historical Review

YEARLY HIGH

1.6127 GEL

YEARLY LOW

1.4046 GEL

YEARLY AVERAGE

1.5008 GEL

2018 BGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 1.6127. Conversely, the yearly low was recorded on November 12, dropping to 1.4046.

This high-to-low spread represents a total annual volatility of 0.2081 GEL. From a start-to-finish perspective, comparing the January average rate of 1.5953 to the December average rate of 1.5486, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6127 was down 2.26% compared to the 2017 peak of 1.6499, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,063 GEL

2017 Average 7,219 GEL

Yearly Trough Low 7,023 GEL

Transaction Impact: A difference of 1,040.41 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6111

1.4220

JanuMarcMayJulySeptNove

BGN 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 1.5284, compared to 1.4731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0553 points.

H1 Avg (Jan–Jun) 1.5284

H2 Avg (Jul–Dec) 1.4731

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1484 GEL (High: 1.5530 / Low: 1.4046). On the other end, July was the most stable month, with a tight range of 0.0163 GEL (High: 1.4710 / Low: 1.4546).

November Spread (Volatile) ±0.1484

July Spread (Stable) ±0.0163

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 April and May, when the average rate fell by 0.0461 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.5953) against the same month in 2017 (average: 1.4660), the exchange rate shifted by +0.1293 (+8.82%).

2018 Avg (January) 1.5953

2017 Avg (January) 1.4660

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6127	1.5676	1.5953
February	1.5856	1.5292	1.5532
March	1.5591	1.5292	1.5426
April	1.5455	1.5139	1.5299
May	1.5060	1.4623	1.4839
June	1.4860	1.4511	1.4654
July	1.4710	1.4546	1.4629
August	1.4849	1.4200	1.4558
September	1.4791	1.4457	1.4633
October	1.4548	1.4157	1.4377
November	1.5530	1.4046	1.4704
December	1.5687	1.5334	1.5486