YEARLY HIGH
0.3878 GEL
YEARLY LOW
0.3501 GEL
YEARLY AVERAGE
0.3597 GEL

2018 BOB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.3878. Conversely, the yearly low was recorded on April 4, dropping to 0.3501.

This high-to-low spread represents a total annual volatility of 0.0377 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3701 to the December average rate of 0.3852, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3878 was down 2.76% compared to the 2017 peak of 0.3988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,939 GEL
2017 Average 1,801 GEL
Yearly Trough Low 1,750 GEL
Transaction Impact: A difference of 188.57 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3885
0.3496
JanuMarcMayJulySeptNove

BOB 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 0.3572, compared to 0.3622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.3572
H2 Avg (Jul–Dec) 0.3622

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0340 GEL (High: 0.3872 / Low: 0.3532). On the other end, October was the most stable month, with a tight range of 0.0021 GEL (High: 0.3558 / Low: 0.3536).

November Spread (Volatile) ±0.0340
October Spread (Stable) ±0.0021

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 0.0142 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.3852) against the same month in 2017 (average: 0.3796), the exchange rate shifted by +0.0056 (+1.48%).

2018 Avg (December) 0.3852
2017 Avg (December) 0.3796

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3755 0.3568 0.3701
February 0.3588 0.3530 0.3559
March 0.3566 0.3521 0.3540
April 0.3570 0.3501 0.3529
May 0.3587 0.3519 0.3551
June 0.3566 0.3537 0.3551
July 0.3567 0.3528 0.3545
August 0.3601 0.3537 0.3573
September 0.3599 0.3529 0.3552
October 0.3558 0.3536 0.3543
November 0.3872 0.3532 0.3665
December 0.3878 0.3832 0.3852