2018 GEL to HRK Historical Review

YEARLY HIGH

2.7033 HRK

YEARLY LOW

2.3564 HRK

YEARLY AVERAGE

2.5302 HRK

2018 GEL to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 2.7033. Conversely, the yearly low was recorded on January 24, dropping to 2.3564.

This high-to-low spread represents a total annual volatility of 0.3469 HRK. From a start-to-finish perspective, comparing the January average rate of 2.3828 to the December average rate of 2.4447, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.7033 was down 8.09% compared to the 2017 peak of 2.9412, 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 13,517 HRK

2017 Average 13,252 HRK

Yearly Trough Low 11,782 HRK

Transaction Impact: A difference of 1,734.59 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.6652

2.3571

JanuMarcMayJulySeptNove

GEL to HRK 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 2.4836, compared to 2.5768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0933 points.

H1 Avg (Jan–Jun) 2.4836

H2 Avg (Jul–Dec) 2.5768

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2572 HRK (High: 2.7033 / Low: 2.4461). On the other end, July was the most stable month, with a tight range of 0.0241 HRK (High: 2.5965 / Low: 2.5723).

November Spread (Volatile) ±0.2572

July Spread (Stable) ±0.0241

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 0.1422 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.5868) against the same month in 2017 (average: 2.4933), the exchange rate shifted by +0.0935 (+3.75%).

2018 Avg (November) 2.5868

2017 Avg (November) 2.4933

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4212	2.3564	2.3828
February	2.4949	2.3963	2.4490
March	2.4865	2.4342	2.4645
April	2.5026	2.4557	2.4798
May	2.5873	2.5003	2.5484
June	2.6030	2.5391	2.5770
July	2.5965	2.5723	2.5850
August	2.6757	2.5618	2.6083
September	2.6274	2.5719	2.5966
October	2.6859	2.6065	2.6395
November	2.7033	2.4461	2.5868
December	2.4633	2.4114	2.4447