YEARLY HIGH
2.7159 DKK
YEARLY LOW
2.3601 DKK
YEARLY AVERAGE
2.5425 DKK

2018 GEL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 2.7159. Conversely, the yearly low was recorded on January 24, dropping to 2.3601.

This high-to-low spread represents a total annual volatility of 0.3558 DKK. From a start-to-finish perspective, comparing the January average rate of 2.3863 to the December average rate of 2.4648, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.7159 was down 7.77% compared to the 2017 peak of 2.9447, 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 13,580 DKK
2017 Average 13,212 DKK
Yearly Trough Low 11,801 DKK
Transaction Impact: A difference of 1,779.00 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.6798
2.3596
JanuMarcMayJulySeptNove

GEL to DKK 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 2.4941, compared to 2.5909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0968 points.

H1 Avg (Jan–Jun) 2.4941
H2 Avg (Jul–Dec) 2.5909

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2585 DKK (High: 2.7159 / Low: 2.4575). On the other end, July was the most stable month, with a tight range of 0.0254 DKK (High: 2.6161 / Low: 2.5907).

November Spread (Volatile) ±0.2585
July Spread (Stable) ±0.0254

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 0.1333 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.5981) against the same month in 2017 (average: 2.4581), the exchange rate shifted by +0.1399 (+5.69%).

2018 Avg (November) 2.5981
2017 Avg (November) 2.4581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4292 2.3601 2.3863
February 2.4887 2.4002 2.4521
March 2.4889 2.4414 2.4684
April 2.5158 2.4671 2.4896
May 2.6054 2.5291 2.5684
June 2.6277 2.5633 2.6000
July 2.6161 2.5907 2.6044
August 2.6849 2.5685 2.6188
September 2.6380 2.5803 2.6065
October 2.6944 2.6222 2.6531
November 2.7159 2.4575 2.5981
December 2.4885 2.4296 2.4648