2018 GEL to BTN Historical Review

YEARLY HIGH

30.3905 BTN

YEARLY LOW

24.5149 BTN

YEARLY AVERAGE

27.5249 BTN

2018 GEL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 30.3905. Conversely, the yearly low was recorded on January 2, dropping to 24.5149.

This high-to-low spread represents a total annual volatility of 5.8756 BTN. From a start-to-finish perspective, comparing the January average rate of 24.8799 to the December average rate of 26.5348, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 30.3905 was up 11.75% compared to the 2017 peak of 27.1950, 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 151,952 BTN

2017 Average 130,341 BTN

Yearly Trough Low 122,574 BTN

Transaction Impact: A difference of 29,378.09 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

30.5814

24.3615

JanuMarcMayJulySeptNove

GEL to BTN 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 26.6129, compared to 28.4370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8242 points.

H1 Avg (Jan–Jun) 26.6129

H2 Avg (Jul–Dec) 28.4370

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 3.8564 BTN (High: 30.0124 / Low: 26.1560). On the other end, July was the most stable month, with a tight range of 0.2936 BTN (High: 28.2259 / Low: 27.9323).

November Spread (Volatile) ±3.8564

July Spread (Stable) ±0.2936

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9139 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.9139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 30.0630) against the same month in 2017 (average: 26.1645), the exchange rate shifted by +3.8985 (+14.90%).

2018 Avg (October) 30.0630

2017 Avg (October) 26.1645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.7663	24.5149	24.8799
February	26.4193	25.7306	26.1738
March	26.7442	26.4248	26.5772
April	27.2006	26.6981	26.9332
May	27.9489	27.1192	27.5030
June	28.0244	27.2336	27.6102
July	28.2259	27.9323	28.0578
August	28.6294	27.8346	28.1829
September	29.6949	28.6136	29.3350
October	30.3905	29.7751	30.0630
November	30.0124	26.1560	28.4487
December	27.1681	26.0464	26.5348