2018 GEL to GNF Historical Review

YEARLY HIGH

3743.3745 GNF

YEARLY LOW

3398.0965 GNF

YEARLY AVERAGE

3644.0904 GNF

2018 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 3743.3745. Conversely, the yearly low was recorded on December 30, dropping to 3398.0965.

This high-to-low spread represents a total annual volatility of 345.2781 GNF. From a start-to-finish perspective, comparing the January average rate of 3522.3782 to the December average rate of 3438.5315, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 3743.3745 was down 4.58% compared to the 2017 peak of 3923.0588, 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 18,716,873 GNF

2017 Average 18,280,540 GNF

Yearly Trough Low 16,990,482 GNF

Transaction Impact: A difference of 1,726,390.30 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3737.0670

3411.3919

JanuMarcMayJulySeptNove

GEL to GNF 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 3653.4241, compared to 3634.7567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.6674 points.

H1 Avg (Jan–Jun) 3653.4241

H2 Avg (Jul–Dec) 3634.7567

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 328.2704 GNF (High: 3743.3745 / Low: 3415.1042). On the other end, June was the most stable month, with a tight range of 32.1118 GNF (High: 3696.6300 / Low: 3664.5182).

November Spread (Volatile) ±328.2704

June Spread (Stable) ±32.1118

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 166.9033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -166.9033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 3605.4348) against the same month in 2017 (average: 3496.9554), the exchange rate shifted by +108.4794 (+3.10%).

2018 Avg (November) 3605.4348

2017 Avg (November) 3496.9554

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3653.7281	3475.5483	3522.3782
February	3690.0755	3633.7134	3662.2639
March	3700.9084	3653.0081	3681.5778
April	3722.0696	3657.1843	3699.8011
May	3709.9856	3629.8739	3674.2828
June	3696.6300	3664.5182	3680.2410
July	3718.4692	3683.9612	3697.4875
August	3712.1101	3606.1787	3666.4006
September	3730.0929	3643.4338	3690.7587
October	3729.0712	3681.7057	3709.9274
November	3743.3745	3415.1042	3605.4348
December	3470.6063	3398.0965	3438.5315