2018 GEL to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 34.8744. Conversely, the yearly low was recorded on December 31, dropping to 31.2110.
This high-to-low spread represents a total annual volatility of 3.6634 BDT. From a start-to-finish perspective, comparing the January average rate of 32.4690 to the December average rate of 31.4958, the exchange rate registered a net change of -3.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 34.8744 was up 0.75% compared to the 2017 peak of 34.6136, 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 BDT 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 33.9191, compared to 33.6307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2884 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 2.9619 BDT (High: 34.2849 / Low: 31.3230). On the other end, June was the most stable month, with a tight range of 0.3719 BDT (High: 34.6346 / Low: 34.2627).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.6584 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 34.5068) against the same month in 2017 (average: 33.4482), the exchange rate shifted by +1.0586 (+3.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.7787 | 31.8772 | 32.4690 |
| February | 34.1199 | 33.4620 | 33.8286 |
| March | 34.4637 | 33.6696 | 33.9675 |
| April | 34.7352 | 33.9138 | 34.2927 |
| May | 34.8744 | 34.0909 | 34.5068 |
| June | 34.6346 | 34.2627 | 34.4502 |
| July | 34.5359 | 34.1595 | 34.4051 |
| August | 34.5563 | 33.6696 | 34.1163 |
| September | 34.3679 | 33.7024 | 34.1479 |
| October | 34.8618 | 34.1356 | 34.4649 |
| November | 34.2849 | 31.3230 | 33.1541 |
| December | 31.6592 | 31.2110 | 31.4958 |