2018 GEL to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 117.3932. Conversely, the yearly low was recorded on January 16, dropping to 97.9681.
This high-to-low spread represents a total annual volatility of 19.4251 HUF. From a start-to-finish perspective, comparing the January average rate of 99.0648 to the December average rate of 106.5260, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 117.3932 was down 5.20% compared to the 2017 peak of 123.8331, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
GEL to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 105.2132, compared to 112.3666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1534 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 11.6084 HUF (High: 117.3932 / Low: 105.7848). On the other end, March was the most stable month, with a tight range of 1.7137 HUF (High: 104.2808 / Low: 102.5671).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.6621 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 112.1881) against the same month in 2017 (average: 102.9783), the exchange rate shifted by +9.2098 (+8.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 100.9124 | 97.9681 | 99.0648 |
| February | 104.3833 | 99.6824 | 102.6546 |
| March | 104.2808 | 102.5671 | 103.4919 |
| April | 105.8834 | 102.8127 | 104.1884 |
| May | 112.3412 | 106.5561 | 109.2342 |
| June | 115.8179 | 110.3015 | 112.6454 |
| July | 115.8632 | 112.0129 | 113.3909 |
| August | 116.3225 | 111.8112 | 113.4015 |
| September | 115.0785 | 112.2619 | 113.4972 |
| October | 117.2710 | 113.1236 | 115.1957 |
| November | 117.3932 | 105.7848 | 112.1881 |
| December | 107.9320 | 104.4590 | 106.5260 |