2018 GEL to ARS Historical Review

YEARLY HIGH

16.8713 ARS

YEARLY LOW

7.0984 ARS

YEARLY AVERAGE

11.2741 ARS

2018 GEL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 16.8713. Conversely, the yearly low was recorded on January 2, dropping to 7.0984.

This high-to-low spread represents a total annual volatility of 9.7729 ARS. From a start-to-finish perspective, comparing the January average rate of 7.4329 to the December average rate of 14.1979, the exchange rate registered a net change of 91.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 16.8713 was up 127.15% compared to the 2017 peak of 7.4274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84,357 ARS

2017 Average 33,187 ARS

Yearly Trough Low 35,492 ARS

Transaction Impact: A difference of 48,864.41 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

16.5290

6.6059

JanuMarcMayJulySeptNove

GEL to ARS 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 8.7523, compared to 13.7960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0437 points.

H1 Avg (Jan–Jun) 8.7523

H2 Avg (Jul–Dec) 13.7960

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 4.4897 ARS (High: 15.6255 / Low: 11.1358). On the other end, March was the most stable month, with a tight range of 0.1404 ARS (High: 8.3164 / Low: 8.1760).

August Spread (Volatile) ±4.4897

March Spread (Stable) ±0.1404

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.7474 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.7474

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 15.7021) against the same month in 2017 (average: 6.9892), the exchange rate shifted by +8.7129 (+124.66%).

2018 Avg (September) 15.7021

2017 Avg (September) 6.9892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.9306	7.0984	7.4329
February	8.1851	7.8102	8.0626
March	8.3164	8.1760	8.2622
April	8.3738	8.2132	8.3028
May	10.2475	8.4414	9.5964
June	11.7910	10.1187	10.8567
July	11.8147	11.1196	11.2834
August	15.6255	11.1358	12.0969
September	16.8713	14.8663	15.7021
October	16.1319	14.6125	15.1214
November	14.7279	13.5438	14.3740
December	14.4211	13.7220	14.1979