2018 GEL to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 30.3806. Conversely, the yearly low was recorded on January 7, dropping to 24.4682.
This high-to-low spread represents a total annual volatility of 5.9123 INR. From a start-to-finish perspective, comparing the January average rate of 24.8869 to the December average rate of 26.5712, the exchange rate registered a net change of 6.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 30.3806 was up 11.55% compared to the 2017 peak of 27.2358, 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 INR 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 26.6241, compared to 28.4499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8259 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 3.7779 INR (High: 29.9631 / Low: 26.1852). On the other end, July was the most stable month, with a tight range of 0.2856 INR (High: 28.1998 / Low: 27.9143).
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 1.8761 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 30.0815) against the same month in 2017 (average: 26.1518), the exchange rate shifted by +3.9298 (+15.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.7954 | 24.4682 | 24.8869 |
| February | 26.4524 | 25.7755 | 26.2049 |
| March | 26.7386 | 26.3830 | 26.5804 |
| April | 27.2596 | 26.7470 | 26.9355 |
| May | 28.1499 | 27.1343 | 27.5190 |
| June | 28.1058 | 27.1333 | 27.6176 |
| July | 28.1998 | 27.9143 | 28.0590 |
| August | 28.6668 | 27.9103 | 28.1797 |
| September | 29.7730 | 28.6358 | 29.3610 |
| October | 30.3806 | 29.8837 | 30.0815 |
| November | 29.9631 | 26.1852 | 28.4473 |
| December | 27.3719 | 25.9586 | 26.5712 |