2018 GEL to ETB Historical Review

YEARLY HIGH

11.4876 ETB

YEARLY LOW

10.4711 ETB

YEARLY AVERAGE

11.1402 ETB

2018 GEL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 11.4876. Conversely, the yearly low was recorded on December 18, dropping to 10.4711.

This high-to-low spread represents a total annual volatility of 1.0165 ETB. From a start-to-finish perspective, comparing the January average rate of 10.7345 to the December average rate of 10.5905, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.4876 was up 3.97% compared to the 2017 peak of 11.0488, 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 57,438 ETB

2017 Average 47,992 ETB

Yearly Trough Low 52,356 ETB

Transaction Impact: A difference of 5,082.27 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.4684

10.5107

JanuMarcMayJulySeptNove

GEL to ETB 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 11.1449, compared to 11.1355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 11.1449

H2 Avg (Jul–Dec) 11.1355

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.9610 ETB (High: 11.4876 / Low: 10.5266). On the other end, June was the most stable month, with a tight range of 0.0827 ETB (High: 11.2652 / Low: 11.1825).

November Spread (Volatile) ±0.9610

June Spread (Stable) ±0.0827

Growth Streaks & Declines

Trends

Between 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 0.4899 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4899

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 11.0804) against the same month in 2017 (average: 10.5909), the exchange rate shifted by +0.4895 (+4.62%).

2018 Avg (November) 11.0804

2017 Avg (November) 10.5909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1399	10.5576	10.7345
February	11.2878	11.0784	11.1817
March	11.3233	11.1518	11.2389
April	11.3971	11.1315	11.2717
May	11.3169	11.0953	11.2142
June	11.2652	11.1825	11.2282
July	11.3339	11.1660	11.2648
August	11.3247	11.0917	11.2005
September	11.4263	11.0728	11.2885
October	11.4835	11.2720	11.3886
November	11.4876	10.5266	11.0804
December	10.6492	10.4711	10.5905