2018 GEL to AZN Historical Review

YEARLY HIGH

0.7038 AZN

YEARLY LOW

0.6353 AZN

YEARLY AVERAGE

0.6845 AZN

2018 GEL to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.7038. Conversely, the yearly low was recorded on December 31, dropping to 0.6353.

This high-to-low spread represents a total annual volatility of 0.0685 AZN. From a start-to-finish perspective, comparing the January average rate of 0.6618 to the December average rate of 0.6394, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7038 was down 3.11% compared to the 2017 peak of 0.7264, 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 3,519 AZN

2017 Average 3,444 AZN

Yearly Trough Low 3,176 AZN

Transaction Impact: A difference of 342.67 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7040

0.6336

JanuMarcMayJulySeptNove

GEL to AZN 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 0.6878, compared to 0.6812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.6878

H2 Avg (Jul–Dec) 0.6812

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0572 AZN (High: 0.6958 / Low: 0.6386). On the other end, July was the most stable month, with a tight range of 0.0017 AZN (High: 0.6965 / Low: 0.6948).

November Spread (Volatile) ±0.0572

July Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0344 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.6982) against the same month in 2017 (average: 0.6987), the exchange rate shifted by -0.0006 (-0.08%).

2018 Avg (April) 0.6982

2017 Avg (April) 0.6987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6853	0.6535	0.6618
February	0.6915	0.6833	0.6868
March	0.6995	0.6851	0.6930
April	0.7038	0.6902	0.6982
May	0.6998	0.6867	0.6938
June	0.6965	0.6886	0.6935
July	0.6965	0.6948	0.6956
August	0.6958	0.6857	0.6899
September	0.6958	0.6846	0.6931
October	0.6958	0.6927	0.6955
November	0.6958	0.6386	0.6738
December	0.6429	0.6353	0.6394