YEARLY HIGH
1314.7665 COP
YEARLY LOW
1094.9796 COP
YEARLY AVERAGE
1189.7384 COP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 6,573,833 COP
2017 Average 5,914,047 COP
Yearly Trough Low 5,474,898 COP
Transaction Impact: A difference of 1,098,934.48 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1276.4418
1107.5244
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1155.3465
H2 Avg (Jul–Dec) 1224.1302

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±123.3860
July Spread (Stable) ±33.6532

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -51.8388

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (November) 1262.3654
2017 Avg (November) 1168.2441

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