2018 GEL to ILS Historical Review

YEARLY HIGH

1.5214 ILS

YEARLY LOW

1.3182 ILS

YEARLY AVERAGE

1.4470 ILS

2018 GEL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 1.5214. Conversely, the yearly low was recorded on January 13, dropping to 1.3182.

This high-to-low spread represents a total annual volatility of 0.2032 ILS. From a start-to-finish perspective, comparing the January average rate of 1.3376 to the December average rate of 1.4099, the exchange rate registered a net change of 5.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5214 was down 1.17% compared to the 2017 peak of 1.5395, 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 7,607 ILS

2017 Average 7,206 ILS

Yearly Trough Low 6,591 ILS

Transaction Impact: A difference of 1,016.05 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5099

1.3220

JanuMarcMayJulySeptNove

GEL to ILS 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 1.4264, compared to 1.4677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0413 points.

H1 Avg (Jan–Jun) 1.4264

H2 Avg (Jul–Dec) 1.4677

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1213 ILS (High: 1.5171 / Low: 1.3958). On the other end, July was the most stable month, with a tight range of 0.0193 ILS (High: 1.4991 / Low: 1.4797).

November Spread (Volatile) ±0.1213

July Spread (Stable) ±0.0193

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0561 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 1.4943) against the same month in 2017 (average: 1.4112), the exchange rate shifted by +0.0830 (+5.88%).

2018 Avg (October) 1.4943

2017 Avg (October) 1.4112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3760	1.3182	1.3376
February	1.4476	1.3830	1.4224
March	1.4405	1.3973	1.4166
April	1.4679	1.4398	1.4513
May	1.4801	1.4355	1.4621
June	1.4923	1.4425	1.4685
July	1.4991	1.4797	1.4883
August	1.5136	1.4555	1.4852
September	1.4876	1.4397	1.4624
October	1.5214	1.4811	1.4943
November	1.5171	1.3958	1.4660
December	1.4191	1.3952	1.4099