YEARLY HIGH
55.9300 JMD
YEARLY LOW
47.0619 JMD
YEARLY AVERAGE
51.9081 JMD

2018 GEL to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 55.9300. Conversely, the yearly low was recorded on November 20, dropping to 47.0619.

This high-to-low spread represents a total annual volatility of 8.8681 JMD. From a start-to-finish perspective, comparing the January average rate of 48.5646 to the December average rate of 48.0192, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 55.9300 was up 2.91% compared to the 2017 peak of 54.3491, 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 279,650 JMD
2017 Average 257,199 JMD
Yearly Trough Low 235,309 JMD
Transaction Impact: A difference of 44,340.66 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

56.2088
47.2747
JanuMarcMayJulySeptNove

GEL to JMD 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 51.1465, compared to 52.6697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5232 points.

H1 Avg (Jan–Jun) 51.1465
H2 Avg (Jul–Dec) 52.6697

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 5.3405 JMD (High: 52.4024 / Low: 47.0619). On the other end, December was the most stable month, with a tight range of 0.7763 JMD (High: 48.3326 / Low: 47.5563).

November Spread (Volatile) ±5.3405
December Spread (Stable) ±0.7763

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 3.9074 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.9074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 55.4643) against the same month in 2017 (average: 52.6712), the exchange rate shifted by +2.7931 (+5.30%).

2018 Avg (September) 55.4643
2017 Avg (September) 52.6712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.4871 47.8869 48.5646
February 51.5438 50.1655 51.1125
March 52.4726 51.5827 51.9920
April 52.1366 50.4646 51.1860
May 51.5854 50.6186 51.1768
June 53.8049 51.4938 52.8471
July 54.4919 52.7948 53.5092
August 55.4620 54.4660 54.9434
September 55.9300 54.8012 55.4643
October 54.9900 52.4226 53.9947
November 52.4024 47.0619 50.0873
December 48.3326 47.5563 48.0192