YEARLY HIGH
0.8309 BZD
YEARLY LOW
0.7522 BZD
YEARLY AVERAGE
0.8097 BZD

2018 GEL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.8309. Conversely, the yearly low was recorded on December 30, dropping to 0.7522.

This high-to-low spread represents a total annual volatility of 0.0787 BZD. From a start-to-finish perspective, comparing the January average rate of 0.7858 to the December average rate of 0.7572, the exchange rate registered a net change of -3.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8309 was down 2.25% compared to the 2017 peak of 0.8501, 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 4,155 BZD
2017 Average 4,031 BZD
Yearly Trough Low 3,761 BZD
Transaction Impact: A difference of 393.40 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8311
0.7504
JanuMarcMayJulySeptNove

GEL to BZD 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 0.8145, compared to 0.8048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.8145
H2 Avg (Jul–Dec) 0.8048

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0684 BZD (High: 0.8243 / Low: 0.7559). On the other end, October was the most stable month, with a tight range of 0.0054 BZD (High: 0.8231 / Low: 0.8177).

November Spread (Volatile) ±0.0684
October Spread (Stable) ±0.0054

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 0.0398 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.8244) against the same month in 2017 (average: 0.8339), the exchange rate shifted by -0.0095 (-1.14%).

2018 Avg (April) 0.8244
2017 Avg (April) 0.8339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8150 0.7744 0.7858
February 0.8236 0.8106 0.8174
March 0.8260 0.8155 0.8212
April 0.8309 0.8147 0.8244
May 0.8266 0.8110 0.8192
June 0.8223 0.8150 0.8190
July 0.8245 0.8185 0.8212
August 0.8219 0.8078 0.8142
September 0.8224 0.8082 0.8184
October 0.8231 0.8177 0.8209
November 0.8243 0.7559 0.7970
December 0.7612 0.7522 0.7572