2018 GEL to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 46.7956. Conversely, the yearly low was recorded on December 31, dropping to 40.9085.
This high-to-low spread represents a total annual volatility of 5.8871 JPY. From a start-to-finish perspective, comparing the January average rate of 43.3853 to the December average rate of 42.1236, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 46.7956 was down 1.86% compared to the 2017 peak of 47.6830, 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 JPY 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 44.0444, compared to 44.8524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8079 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 4.1522 JPY (High: 46.5700 / Low: 42.4178). On the other end, June was the most stable month, with a tight range of 0.7879 JPY (High: 45.2008 / Low: 44.4129).
Growth Streaks & Declines
TrendsBetween 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 2.7172 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 46.0430) against the same month in 2017 (average: 45.3914), the exchange rate shifted by +0.6516 (+1.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.0552 | 42.9004 | 43.3853 |
| February | 44.7316 | 43.1760 | 43.8679 |
| March | 43.8037 | 42.8531 | 43.3228 |
| April | 44.5987 | 43.6206 | 44.1366 |
| May | 45.4189 | 43.7902 | 44.6958 |
| June | 45.2008 | 44.4129 | 44.8583 |
| July | 46.1489 | 45.1002 | 45.5127 |
| August | 45.6360 | 44.3979 | 44.9808 |
| September | 46.5055 | 44.7574 | 45.6132 |
| October | 46.7956 | 45.7051 | 46.0430 |
| November | 46.5700 | 42.4178 | 44.8408 |
| December | 42.7946 | 40.9085 | 42.1236 |