2018 GEL to BAM Historical Review

YEARLY HIGH

0.7102 BAM

YEARLY LOW

0.6212 BAM

YEARLY AVERAGE

0.6665 BAM

2018 GEL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.7102. Conversely, the yearly low was recorded on January 16, dropping to 0.6212.

This high-to-low spread represents a total annual volatility of 0.0890 BAM. From a start-to-finish perspective, comparing the January average rate of 0.6275 to the December average rate of 0.6454, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7102 was down 8.27% compared to the 2017 peak of 0.7743, 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 3,551 BAM

2017 Average 3,475 BAM

Yearly Trough Low 3,106 BAM

Transaction Impact: A difference of 444.88 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7021

0.6207

JanuMarcMayJulySeptNove

GEL to BAM 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 0.6547, compared to 0.6782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0235 points.

H1 Avg (Jan–Jun) 0.6547

H2 Avg (Jul–Dec) 0.6782

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0661 BAM (High: 0.7102 / Low: 0.6441). On the other end, March was the most stable month, with a tight range of 0.0113 BAM (High: 0.6533 / Low: 0.6419).

November Spread (Volatile) ±0.0661

March Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0337 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.6791) against the same month in 2017 (average: 0.6464), the exchange rate shifted by +0.0327 (+5.06%).

2018 Avg (November) 0.6791

2017 Avg (November) 0.6464

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6381	0.6212	0.6275
February	0.6540	0.6341	0.6438
March	0.6533	0.6419	0.6483
April	0.6600	0.6473	0.6528
May	0.6842	0.6608	0.6737
June	0.6904	0.6730	0.6825
July	0.6894	0.6664	0.6822
August	0.7025	0.6746	0.6862
September	0.6904	0.6613	0.6811
October	0.7061	0.6803	0.6953
November	0.7102	0.6441	0.6791
December	0.6513	0.6366	0.6454