2018 GEL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 1314.7665. Conversely, the yearly low was recorded on January 14, dropping to 1094.9796.
This high-to-low spread represents a total annual volatility of 219.7869 COP. From a start-to-finish perspective, comparing the January average rate of 1121.6008 to the December average rate of 1210.5266, the exchange rate registered a net change of 7.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1314.7665 was up 1.80% compared to the 2017 peak of 1291.4744, 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 COP 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 1155.3465, compared to 1224.1302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.7837 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 123.3860 COP (High: 1314.7665 / Low: 1191.3805). On the other end, July was the most stable month, with a tight range of 33.6532 COP (High: 1198.0602 / Low: 1164.4070).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 51.8388 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 1262.3654) against the same month in 2017 (average: 1168.2441), the exchange rate shifted by +94.1213 (+8.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1174.9948 | 1094.9796 | 1121.6008 |
| February | 1189.8222 | 1136.5342 | 1165.0755 |
| March | 1184.9013 | 1141.8896 | 1162.0003 |
| April | 1164.7081 | 1112.4289 | 1138.8672 |
| May | 1191.6310 | 1146.6902 | 1167.5660 |
| June | 1202.5347 | 1144.1775 | 1176.9694 |
| July | 1198.0602 | 1164.4070 | 1176.4410 |
| August | 1234.1927 | 1179.0481 | 1199.3343 |
| September | 1268.1533 | 1215.9773 | 1235.7191 |
| October | 1313.9678 | 1214.0840 | 1260.3950 |
| November | 1314.7665 | 1191.3805 | 1262.3654 |
| December | 1240.0088 | 1186.7302 | 1210.5266 |