YEARLY HIGH
2.8565 BOB
YEARLY LOW
2.5787 BOB
YEARLY AVERAGE
2.7824 BOB

2018 GEL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 2.8565. Conversely, the yearly low was recorded on December 29, dropping to 2.5787.

This high-to-low spread represents a total annual volatility of 0.2778 BOB. From a start-to-finish perspective, comparing the January average rate of 2.7027 to the December average rate of 2.5959, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.8565 was down 3.08% compared to the 2017 peak of 2.9474, 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 14,283 BOB
2017 Average 13,905 BOB
Yearly Trough Low 12,894 BOB
Transaction Impact: A difference of 1,389.02 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8577
2.5721
JanuMarcMayJulySeptNove

GEL to BOB 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 2.8006, compared to 2.7643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0363 points.

H1 Avg (Jan–Jun) 2.8006
H2 Avg (Jul–Dec) 2.7643

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2489 BOB (High: 2.8316 / Low: 2.5827). On the other end, October was the most stable month, with a tight range of 0.0170 BOB (High: 2.8277 / Low: 2.8107).

November Spread (Volatile) ±0.2489
October Spread (Stable) ±0.0170

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 0.1371 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 2.8339) against the same month in 2017 (average: 2.8750), the exchange rate shifted by -0.0410 (-1.43%).

2018 Avg (April) 2.8339
2017 Avg (April) 2.8750

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8026 2.6630 2.7027
February 2.8328 2.7872 2.8099
March 2.8398 2.8041 2.8246
April 2.8565 2.8012 2.8339
May 2.8416 2.7878 2.8164
June 2.8269 2.8042 2.8161
July 2.8344 2.8037 2.8206
August 2.8274 2.7769 2.7989
September 2.8340 2.7786 2.8152
October 2.8277 2.8107 2.8224
November 2.8316 2.5827 2.7330
December 2.6095 2.5787 2.5959