YEARLY HIGH
491.7721 IQD
YEARLY LOW
444.0299 IQD
YEARLY AVERAGE
479.1786 IQD

2018 GEL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 491.7721. Conversely, the yearly low was recorded on December 29, dropping to 444.0299.

This high-to-low spread represents a total annual volatility of 47.7423 IQD. From a start-to-finish perspective, comparing the January average rate of 464.6824 to the December average rate of 447.5133, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 491.7721 was down 0.77% compared to the 2017 peak of 495.5939, 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 2,458,861 IQD
2017 Average 2,350,510 IQD
Yearly Trough Low 2,220,149 IQD
Transaction Impact: A difference of 238,711.49 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

491.8552
443.4822
JanuMarcMayJulySeptNove

GEL to IQD 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 481.6452, compared to 476.7120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9332 points.

H1 Avg (Jan–Jun) 481.6452
H2 Avg (Jul–Dec) 476.7120

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 40.4117 IQD (High: 487.4356 / Low: 447.0239). On the other end, October was the most stable month, with a tight range of 2.8816 IQD (High: 487.8510 / Low: 484.9694).

November Spread (Volatile) ±40.4117
October Spread (Stable) ±2.8816

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 23.8324 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -23.8324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 487.8241) against the same month in 2017 (average: 485.5544), the exchange rate shifted by +2.2697 (+0.47%).

2018 Avg (April) 487.8241
2017 Avg (April) 485.5544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 481.8782 458.1832 464.6824
February 486.6828 479.0882 482.1608
March 489.7476 480.1676 485.1742
April 491.7721 482.3673 487.8241
May 490.1287 479.1433 485.1304
June 487.3001 481.7853 484.8993
July 488.4039 484.3943 486.5578
August 487.2819 479.5397 482.8157
September 488.1954 478.8303 485.4286
October 487.8510 484.9694 486.6111
November 487.4356 447.0239 471.3457
December 450.5201 444.0299 447.5133