2018 CVE to GEL Historical Review

YEARLY HIGH

0.0286 GEL

YEARLY LOW

0.0250 GEL

YEARLY AVERAGE

0.0265 GEL

2018 CVE to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0286. Conversely, the yearly low was recorded on November 13, dropping to 0.0250.

This high-to-low spread represents a total annual volatility of 0.0037 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0282 to the December average rate of 0.0274, the exchange rate registered a net change of -2.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0286 was down 2.00% compared to the 2017 peak of 0.0292, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143 GEL

2017 Average 128 GEL

Yearly Trough Low 125 GEL

Transaction Impact: A difference of 18.37 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0284

0.0251

JanuMarcMayJulySeptNove

CVE 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 0.0270, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0270

H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0025 GEL (High: 0.0275 / Low: 0.0250). On the other end, July was the most stable month, with a tight range of 0.0004 GEL (High: 0.0261 / Low: 0.0257).

November Spread (Volatile) ±0.0025

July Spread (Stable) ±0.0004

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 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0282) against the same month in 2017 (average: 0.0260), the exchange rate shifted by +0.0022 (+8.53%).

2018 Avg (January) 0.0282

2017 Avg (January) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0286	0.0277	0.0282
February	0.0279	0.0270	0.0274
March	0.0275	0.0271	0.0273
April	0.0273	0.0268	0.0270
May	0.0267	0.0260	0.0263
June	0.0264	0.0256	0.0259
July	0.0261	0.0257	0.0259
August	0.0262	0.0251	0.0258
September	0.0262	0.0256	0.0259
October	0.0258	0.0250	0.0254
November	0.0275	0.0250	0.0260
December	0.0278	0.0272	0.0274