2018 GEL to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 742.1363. Conversely, the yearly low was recorded on December 30, dropping to 669.0653.
This high-to-low spread represents a total annual volatility of 73.0709 BIF. From a start-to-finish perspective, comparing the January average rate of 689.4247 to the December average rate of 678.8972, the exchange rate registered a net change of -1.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 742.1363 was up 1.18% compared to the 2017 peak of 733.4581, 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 BIF 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 716.7011, compared to 714.8414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8597 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 69.8043 BIF (High: 742.1363 / Low: 672.3320). On the other end, July was the most stable month, with a tight range of 12.7047 BIF (High: 729.9974 / Low: 717.2927).
Growth Streaks & Declines
TrendsBetween 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 33.3985 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 712.2957) against the same month in 2017 (average: 680.8751), the exchange rate shifted by +31.4205 (+4.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 718.3672 | 676.8870 | 689.4247 |
| February | 724.9407 | 710.7364 | 717.6048 |
| March | 731.3284 | 715.9743 | 721.9237 |
| April | 737.0732 | 716.1686 | 726.7573 |
| May | 732.3872 | 712.1643 | 721.9839 |
| June | 729.9085 | 716.8975 | 722.5121 |
| July | 729.9974 | 717.2927 | 723.7035 |
| August | 729.6372 | 711.1100 | 719.4907 |
| September | 729.8763 | 713.1257 | 722.8914 |
| October | 741.9319 | 722.4812 | 731.7699 |
| November | 742.1363 | 672.3320 | 712.2957 |
| December | 686.6113 | 669.0653 | 678.8972 |