2018 GEL to BND Historical Review

YEARLY HIGH

0.6344 BND

YEARLY LOW

0.5124 BND

YEARLY AVERAGE

0.5665 BND

2018 GEL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.6344. Conversely, the yearly low was recorded on January 14, dropping to 0.5124.

This high-to-low spread represents a total annual volatility of 0.1220 BND. From a start-to-finish perspective, comparing the January average rate of 0.5168 to the December average rate of 0.5895, the exchange rate registered a net change of 14.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6344 was up 7.90% compared to the 2017 peak of 0.5880, 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 3,172 BND

2017 Average 2,766 BND

Yearly Trough Low 2,562 BND

Transaction Impact: A difference of 609.84 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6197

0.5074

JanuMarcMayJulySeptNove

GEL to BND 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 0.5444, compared to 0.5885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0441 points.

H1 Avg (Jan–Jun) 0.5444

H2 Avg (Jul–Dec) 0.5885

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1161 BND (High: 0.6344 / Low: 0.5183). On the other end, March was the most stable month, with a tight range of 0.0041 BND (High: 0.5396 / Low: 0.5356).

November Spread (Volatile) ±0.1161

March Spread (Stable) ±0.0041

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 September and October, when the average rate fell by 0.0266 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.5742) against the same month in 2017 (average: 0.5257), the exchange rate shifted by +0.0485 (+9.22%).

2018 Avg (November) 0.5742

2017 Avg (November) 0.5257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5303	0.5124	0.5168
February	0.5446	0.5287	0.5367
March	0.5396	0.5356	0.5376
April	0.5460	0.5363	0.5401
May	0.5936	0.5409	0.5508
June	0.6155	0.5395	0.5847
July	0.6177	0.5484	0.5800
August	0.6175	0.5503	0.6103
September	0.6175	0.5569	0.6019
October	0.5787	0.5628	0.5753
November	0.6344	0.5183	0.5742
December	0.5951	0.5178	0.5895