YEARLY HIGH
0.1559 BHD
YEARLY LOW
0.1406 BHD
YEARLY AVERAGE
0.1519 BHD

2018 GEL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.1559. Conversely, the yearly low was recorded on December 29, dropping to 0.1406.

This high-to-low spread represents a total annual volatility of 0.0152 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1474 to the December average rate of 0.1416, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1559 was down 1.54% compared to the 2017 peak of 0.1583, 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 779 BHD
2017 Average 756 BHD
Yearly Trough Low 703 BHD
Transaction Impact: A difference of 76.19 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1561
0.1403
JanuMarcMayJulySeptNove

GEL to BHD 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 0.1529, compared to 0.1510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1529
H2 Avg (Jul–Dec) 0.1510

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0127 BHD (High: 0.1541 / Low: 0.1414). On the other end, October was the most stable month, with a tight range of 0.0007 BHD (High: 0.1541 / Low: 0.1534).

November Spread (Volatile) ±0.0127
October Spread (Stable) ±0.0007

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 0.0075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.1546) against the same month in 2017 (average: 0.1562), the exchange rate shifted by -0.0016 (-1.03%).

2018 Avg (April) 0.1546
2017 Avg (April) 0.1562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1529 0.1452 0.1474
February 0.1544 0.1521 0.1533
March 0.1549 0.1530 0.1541
April 0.1559 0.1528 0.1546
May 0.1552 0.1523 0.1538
June 0.1556 0.1531 0.1541
July 0.1553 0.1543 0.1548
August 0.1545 0.1519 0.1529
September 0.1541 0.1516 0.1535
October 0.1541 0.1534 0.1540
November 0.1541 0.1414 0.1491
December 0.1424 0.1406 0.1416