2018 GEL to CVE Historical Review

YEARLY HIGH

40.0573 CVE

YEARLY LOW

34.9182 CVE

YEARLY AVERAGE

37.7198 CVE

2018 GEL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 40.0573. Conversely, the yearly low was recorded on January 25, dropping to 34.9182.

This high-to-low spread represents a total annual volatility of 5.1391 CVE. From a start-to-finish perspective, comparing the January average rate of 35.5011 to the December average rate of 36.4950, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 40.0573 was down 8.42% compared to the 2017 peak of 43.7379, 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 200,286 CVE

2017 Average 196,500 CVE

Yearly Trough Low 174,591 CVE

Transaction Impact: A difference of 25,695.45 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

39.7216

35.1174

JanuMarcMayJulySeptNove

GEL to CVE 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 37.0481, compared to 38.3915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3434 points.

H1 Avg (Jan–Jun) 37.0481

H2 Avg (Jul–Dec) 38.3915

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 3.6849 CVE (High: 40.0573 / Low: 36.3724). On the other end, March was the most stable month, with a tight range of 0.5786 CVE (High: 36.9259 / Low: 36.3474).

November Spread (Volatile) ±3.6849

March Spread (Stable) ±0.5786

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9659 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.9659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 38.4609) against the same month in 2017 (average: 36.5804), the exchange rate shifted by +1.8805 (+5.14%).

2018 Avg (November) 38.4609

2017 Avg (November) 36.5804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.1415	34.9182	35.5011
February	37.0150	35.8109	36.4472
March	36.9259	36.3474	36.6752
April	37.3637	36.6525	36.9985
May	38.5295	37.4638	38.0628
June	39.0202	37.9411	38.6039
July	38.9228	38.3231	38.6437
August	39.8653	38.1510	38.8128
September	39.0274	38.1299	38.5989
October	39.9266	38.8158	39.3379
November	40.0573	36.3724	38.4609
December	36.7948	36.0063	36.4950