YEARLY HIGH
1.3294 GEL
YEARLY LOW
1.2035 GEL
YEARLY AVERAGE
1.2360 GEL

2018 BZD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BZD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.3294. Conversely, the yearly low was recorded on April 4, dropping to 1.2035.

This high-to-low spread represents a total annual volatility of 0.1259 GEL. From a start-to-finish perspective, comparing the January average rate of 1.2728 to the December average rate of 1.3207, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3294 was down 3.32% compared to the 2017 peak of 1.3750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,647 GEL
2017 Average 6,214 GEL
Yearly Trough Low 6,017 GEL
Transaction Impact: A difference of 629.39 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3315
1.2023
JanuMarcMayJulySeptNove

BZD 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 1.2281, compared to 1.2439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 1.2281
H2 Avg (Jul–Dec) 1.2439

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1097 GEL (High: 1.3229 / Low: 1.2131). On the other end, October was the most stable month, with a tight range of 0.0081 GEL (High: 1.2230 / Low: 1.2149).

November Spread (Volatile) ±0.1097
October Spread (Stable) ±0.0081

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 0.0494 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.3207) against the same month in 2017 (average: 1.3053), the exchange rate shifted by +0.0154 (+1.18%).

2018 Avg (December) 1.3207
2017 Avg (December) 1.3053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2913 1.2270 1.2728
February 1.2337 1.2141 1.2234
March 1.2263 1.2106 1.2177
April 1.2274 1.2035 1.2131
May 1.2331 1.2098 1.2208
June 1.2270 1.2160 1.2209
July 1.2217 1.2129 1.2177
August 1.2379 1.2168 1.2282
September 1.2372 1.2160 1.2219
October 1.2230 1.2149 1.2181
November 1.3229 1.2131 1.2567
December 1.3294 1.3137 1.3207