YEARLY HIGH
20.2821 GMD
YEARLY LOW
18.3891 GMD
YEARLY AVERAGE
19.3600 GMD

2018 GEL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 20.2821. Conversely, the yearly low was recorded on January 2, dropping to 18.3891.

This high-to-low spread represents a total annual volatility of 1.8929 GMD. From a start-to-finish perspective, comparing the January average rate of 18.7707 to the December average rate of 18.5794, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 20.2821 was up 4.75% compared to the 2017 peak of 19.3627, 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 101,410 GMD
2017 Average 91,848 GMD
Yearly Trough Low 91,946 GMD
Transaction Impact: A difference of 9,464.56 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20.3763
18.4160
JanuMarcMayJulySeptNove

GEL to GMD 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 19.1955, compared to 19.5245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3290 points.

H1 Avg (Jan–Jun) 19.1955
H2 Avg (Jul–Dec) 19.5245

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 1.6964 GMD (High: 20.2810 / Low: 18.5846). On the other end, October was the most stable month, with a tight range of 0.1684 GMD (High: 20.2821 / Low: 20.1136).

November Spread (Volatile) ±1.6964
October Spread (Stable) ±0.1684

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0309 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 20.2130) against the same month in 2017 (average: 18.9199), the exchange rate shifted by +1.2930 (+6.83%).

2018 Avg (October) 20.2130
2017 Avg (October) 18.9199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.7419 18.3891 18.7707
February 19.4166 19.1107 19.2471
March 19.5282 19.1541 19.3362
April 19.5861 19.1264 19.3703
May 19.3984 19.0205 19.2214
June 19.3096 19.1171 19.2275
July 19.6472 19.2494 19.4901
August 19.6865 19.3627 19.4936
September 20.1452 19.3316 19.7609
October 20.2821 20.1136 20.2130
November 20.2810 18.5846 19.6102
December 18.7172 18.4086 18.5794