2018 FJD to GEL Historical Review

YEARLY HIGH

1.2801 GEL

YEARLY LOW

1.1329 GEL

YEARLY AVERAGE

1.1940 GEL

2018 FJD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.2801. Conversely, the yearly low was recorded on October 14, dropping to 1.1329.

This high-to-low spread represents a total annual volatility of 0.1472 GEL. From a start-to-finish perspective, comparing the January average rate of 1.2658 to the December average rate of 1.2542, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2801 was down 3.00% compared to the 2017 peak of 1.3197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,400 GEL

2017 Average 6,069 GEL

Yearly Trough Low 5,664 GEL

Transaction Impact: A difference of 735.97 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2782

1.1289

JanuMarcMayJulySeptNove

FJD 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 1.2075, compared to 1.1805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 1.2075

H2 Avg (Jul–Dec) 1.1805

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1343 GEL (High: 1.2679 / Low: 1.1337). On the other end, July was the most stable month, with a tight range of 0.0184 GEL (High: 1.1767 / Low: 1.1583).

November Spread (Volatile) ±0.1343

July Spread (Stable) ±0.0184

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 0.0472 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.2658) against the same month in 2017 (average: 1.2954), the exchange rate shifted by -0.0297 (-2.29%).

2018 Avg (January) 1.2658

2017 Avg (January) 1.2954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2801	1.2294	1.2658
February	1.2439	1.2005	1.2186
March	1.2188	1.1911	1.2052
April	1.2056	1.1817	1.1947
May	1.2020	1.1635	1.1801
June	1.1976	1.1639	1.1809
July	1.1767	1.1583	1.1668
August	1.1821	1.1459	1.1694
September	1.1748	1.1421	1.1562
October	1.1542	1.1329	1.1414
November	1.2679	1.1337	1.1953
December	1.2697	1.2431	1.2542