2018 GEL to IRR Historical Review

YEARLY HIGH

17924.2067 IRR

YEARLY LOW

13747.5116 IRR

YEARLY AVERAGE

16378.6695 IRR

2018 GEL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 17924.2067. Conversely, the yearly low was recorded on January 1, dropping to 13747.5116.

This high-to-low spread represents a total annual volatility of 4176.6951 IRR. From a start-to-finish perspective, comparing the January average rate of 14095.4413 to the December average rate of 15870.9879, the exchange rate registered a net change of 12.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 17924.2067 was up 27.81% compared to the 2017 peak of 14023.7403, 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 89,621,033 IRR

2017 Average 66,219,817 IRR

Yearly Trough Low 68,737,558 IRR

Transaction Impact: A difference of 20,883,475.33 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

18041.3202

13736.7251

JanuMarcMayJulySeptNove

GEL to IRR 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 15612.0253, compared to 17145.3136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1533.2883 points.

H1 Avg (Jan–Jun) 15612.0253

H2 Avg (Jul–Dec) 17145.3136

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2045.1265 IRR (High: 17273.0376 / Low: 15227.9111). On the other end, February was the most stable month, with a tight range of 249.6037 IRR (High: 15157.2295 / Low: 14907.6259).

May Spread (Volatile) ±2045.1265

February Spread (Stable) ±249.6037

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 948.1185 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -948.1185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 17556.7952) against the same month in 2017 (average: 13702.5291), the exchange rate shifted by +3854.2661 (+28.13%).

2018 Avg (August) 17556.7952

2017 Avg (August) 13702.5291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14919.5559	13747.5116	14095.4413
February	15157.2295	14907.6259	15069.5612
March	15447.4739	15137.6252	15325.5224
April	15558.5381	15183.1426	15386.1789
May	17273.0376	15227.9111	16536.7922
June	17393.1085	17099.0920	17258.6557
July	17909.4431	17404.8859	17682.6040
August	17924.2067	17385.4969	17556.7952
September	17650.0770	17359.0066	17573.0885
October	17639.5090	17290.0975	17369.2998
November	17371.9666	15938.2814	16819.1064
December	16041.4527	15710.8209	15870.9879