2018 GEL to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 126.8107. Conversely, the yearly low was recorded on January 1, dropping to 64.0220.
This high-to-low spread represents a total annual volatility of 62.7887 AOA. From a start-to-finish perspective, comparing the January average rate of 70.0401 to the December average rate of 116.0362, the exchange rate registered a net change of 65.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 126.8107 was up 81.93% compared to the 2017 peak of 69.7037, 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 AOA 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 87.6149, compared to 115.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.3865 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 19.1801 AOA (High: 83.2021 / Low: 64.0220). On the other end, December was the most stable month, with a tight range of 1.7139 AOA (High: 116.8658 / Low: 115.1519).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 6.6481 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 122.6843) against the same month in 2017 (average: 64.3486), the exchange rate shifted by +58.3358 (+90.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 83.2021 | 64.0220 | 70.0401 |
| February | 86.4067 | 83.4750 | 85.4291 |
| March | 88.2519 | 86.4602 | 87.5140 |
| April | 92.1838 | 88.1012 | 89.4364 |
| May | 96.8945 | 91.9773 | 94.6530 |
| June | 101.7402 | 96.5769 | 98.6169 |
| July | 104.9800 | 101.4823 | 103.4788 |
| August | 111.4578 | 104.9773 | 107.7732 |
| September | 120.3389 | 111.4246 | 116.2724 |
| October | 125.8763 | 121.1174 | 123.7636 |
| November | 126.8107 | 116.4373 | 122.6843 |
| December | 116.8658 | 115.1519 | 116.0362 |