2018 GEL to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 677.8380. Conversely, the yearly low was recorded on January 1, dropping to 603.0420.
This high-to-low spread represents a total annual volatility of 74.7961 CDF. From a start-to-finish perspective, comparing the January average rate of 626.1287 to the December average rate of 610.5754, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 677.8380 was down 2.16% compared to the 2017 peak of 692.7860, 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 CDF 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 653.3712, compared to 650.8281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5431 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 66.6867 CDF (High: 671.3697 / Low: 604.6830). On the other end, June was the most stable month, with a tight range of 5.2844 CDF (High: 660.3575 / Low: 655.0732).
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 31.8129 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 662.0390) against the same month in 2017 (average: 648.5438), the exchange rate shifted by +13.4951 (+2.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 650.6928 | 603.0420 | 626.1287 |
| February | 661.6171 | 648.0727 | 654.8787 |
| March | 663.9476 | 655.5120 | 660.9245 |
| April | 668.0372 | 654.5698 | 662.3644 |
| May | 663.5281 | 651.7640 | 658.0389 |
| June | 660.3575 | 655.0732 | 657.8919 |
| July | 677.8380 | 639.2556 | 662.0390 |
| August | 666.0064 | 651.8163 | 659.1482 |
| September | 672.0053 | 653.5903 | 665.7788 |
| October | 668.5675 | 657.9512 | 665.0391 |
| November | 671.3697 | 604.6830 | 642.3883 |
| December | 617.7947 | 604.6830 | 610.5754 |