YEARLY HIGH
3.1547 GEL
YEARLY LOW
2.7469 GEL
YEARLY AVERAGE
2.9355 GEL

2018 EUR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EUR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 3.1547. Conversely, the yearly low was recorded on November 12, dropping to 2.7469.

This high-to-low spread represents a total annual volatility of 0.4078 GEL. From a start-to-finish perspective, comparing the January average rate of 3.1203 to the December average rate of 3.0292, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.1547 was down 2.23% compared to the 2017 peak of 3.2266, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,773 GEL
2017 Average 14,120 GEL
Yearly Trough Low 13,734 GEL
Transaction Impact: A difference of 2,039.14 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.1510
2.7817
JanuMarcMayJulySeptNove

EUR 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 2.9892, compared to 2.8818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1074 points.

H1 Avg (Jan–Jun) 2.9892
H2 Avg (Jul–Dec) 2.8818

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2901 GEL (High: 3.0370 / Low: 2.7469). On the other end, July was the most stable month, with a tight range of 0.0310 GEL (High: 2.8790 / Low: 2.8480).

November Spread (Volatile) ±0.2901
July Spread (Stable) ±0.0310

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 0.0917 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 3.1203) against the same month in 2017 (average: 2.8680), the exchange rate shifted by +0.2523 (+8.80%).

2018 Avg (January) 3.1203
2017 Avg (January) 2.8680

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1547 3.0647 3.1203
February 3.1014 2.9898 3.0368
March 3.0515 2.9929 3.0180
April 3.0191 2.9614 2.9928
May 2.9457 2.8561 2.9010
June 2.9065 2.8358 2.8663
July 2.8790 2.8480 2.8622
August 2.9034 2.7766 2.8481
September 2.8914 2.8289 2.8620
October 2.8453 2.7687 2.8125
November 3.0370 2.7469 2.8765
December 3.0797 2.9999 3.0292