2018 GEL to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 45.1675. Conversely, the yearly low was recorded on December 30, dropping to 40.1175.
This high-to-low spread represents a total annual volatility of 5.0500 ALL. From a start-to-finish perspective, comparing the January average rate of 42.8005 to the December average rate of 40.7574, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 45.1675 was down 15.82% compared to the 2017 peak of 53.6559, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
GEL to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 43.4983, compared to 43.5128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0145 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 4.1517 ALL (High: 45.1675 / Low: 41.0158). On the other end, July was the most stable month, with a tight range of 0.4566 ALL (High: 44.2921 / Low: 43.8355).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.6364 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 43.3938) against the same month in 2017 (average: 44.1170), the exchange rate shifted by -0.7232 (-1.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.5847 | 42.2297 | 42.8005 |
| February | 44.5982 | 43.1861 | 43.7052 |
| March | 43.8759 | 43.0098 | 43.4797 |
| April | 43.9372 | 42.7795 | 43.2189 |
| May | 44.3785 | 43.1973 | 43.7641 |
| June | 44.3959 | 43.0785 | 44.0212 |
| July | 44.2921 | 43.8355 | 44.0493 |
| August | 45.0962 | 43.4005 | 44.1423 |
| September | 44.7080 | 43.6660 | 44.2083 |
| October | 45.0349 | 44.0197 | 44.5255 |
| November | 45.1675 | 41.0158 | 43.3938 |
| December | 41.2752 | 40.1175 | 40.7574 |