YEARLY HIGH
0.3641 EUR
YEARLY LOW
0.3170 EUR
YEARLY AVERAGE
0.3411 EUR

2018 GEL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.3641. Conversely, the yearly low was recorded on January 24, dropping to 0.3170.

This high-to-low spread represents a total annual volatility of 0.0471 EUR. From a start-to-finish perspective, comparing the January average rate of 0.3205 to the December average rate of 0.3301, the exchange rate registered a net change of 3.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3641 was down 8.04% compared to the 2017 peak of 0.3959, 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 1,820 EUR
2017 Average 1,776 EUR
Yearly Trough Low 1,585 EUR
Transaction Impact: A difference of 235.32 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3591
0.3170
JanuMarcMayJulySeptNove

GEL to EUR 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 0.3348, compared to 0.3473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.3348
H2 Avg (Jul–Dec) 0.3473

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0348 EUR (High: 0.3641 / Low: 0.3293). On the other end, July was the most stable month, with a tight range of 0.0038 EUR (High: 0.3511 / Low: 0.3473).

November Spread (Volatile) ±0.0348
July Spread (Stable) ±0.0038

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 0.0181 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.3482) against the same month in 2017 (average: 0.3303), the exchange rate shifted by +0.0179 (+5.42%).

2018 Avg (November) 0.3482
2017 Avg (November) 0.3303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3263 0.3170 0.3205
February 0.3345 0.3224 0.3293
March 0.3341 0.3277 0.3314
April 0.3377 0.3312 0.3342
May 0.3501 0.3395 0.3447
June 0.3526 0.3441 0.3489
July 0.3511 0.3473 0.3494
August 0.3602 0.3444 0.3512
September 0.3535 0.3459 0.3494
October 0.3612 0.3515 0.3556
November 0.3641 0.3293 0.3482
December 0.3333 0.3247 0.3301