2018 ETB to GEL Historical Review

YEARLY HIGH

0.0955 GEL

YEARLY LOW

0.0871 GEL

YEARLY AVERAGE

0.0898 GEL

2018 ETB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0955. Conversely, the yearly low was recorded on November 3, dropping to 0.0871.

This high-to-low spread represents a total annual volatility of 0.0085 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0932 to the December average rate of 0.0944, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0955 was down 22.21% compared to the 2017 peak of 0.1228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 478 GEL

2017 Average 524 GEL

Yearly Trough Low 435 GEL

Transaction Impact: A difference of 42.25 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0951

0.0871

JanuMarcMayJulySeptNove

ETB 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 0.0898, compared to 0.0899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0898

H2 Avg (Jul–Dec) 0.0899

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0079 GEL (High: 0.0950 / Low: 0.0871). On the other end, June was the most stable month, with a tight range of 0.0007 GEL (High: 0.0894 / Low: 0.0888).

November Spread (Volatile) ±0.0079

June Spread (Stable) ±0.0007

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 January and February, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0944) against the same month in 2017 (average: 0.0959), the exchange rate shifted by -0.0015 (-1.56%).

2018 Avg (December) 0.0944

2017 Avg (December) 0.0959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0947	0.0898	0.0932
February	0.0903	0.0886	0.0894
March	0.0897	0.0883	0.0890
April	0.0898	0.0877	0.0887
May	0.0901	0.0884	0.0892
June	0.0894	0.0888	0.0891
July	0.0896	0.0882	0.0888
August	0.0902	0.0883	0.0893
September	0.0903	0.0875	0.0886
October	0.0887	0.0871	0.0878
November	0.0950	0.0871	0.0904
December	0.0955	0.0939	0.0944