YEARLY HIGH
664.6262 MMK
YEARLY LOW
520.0480 MMK
YEARLY AVERAGE
580.3323 MMK

2018 GEL to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 664.6262. Conversely, the yearly low was recorded on January 16, dropping to 520.0480.

This high-to-low spread represents a total annual volatility of 144.5782 MMK. From a start-to-finish perspective, comparing the January average rate of 525.9691 to the December average rate of 588.3320, the exchange rate registered a net change of 11.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 664.6262 was up 15.71% compared to the 2017 peak of 574.3856, 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 3,323,131 MMK
2017 Average 2,728,228 MMK
Yearly Trough Low 2,600,240 MMK
Transaction Impact: A difference of 722,890.95 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

654.2822
514.3043
JanuMarcMayJulySeptNove

GEL to MMK 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 545.1111, compared to 615.5536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 70.4425 points.

H1 Avg (Jan–Jun) 545.1111
H2 Avg (Jul–Dec) 615.5536

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 60.8313 MMK (High: 657.2144 / Low: 596.3831). On the other end, March was the most stable month, with a tight range of 7.3040 MMK (High: 549.8727 / Low: 542.5687).

November Spread (Volatile) ±60.8313
March Spread (Stable) ±7.3040

Growth Streaks & Declines

Trends

Between 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 44.1444 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -44.1444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 638.4815) against the same month in 2017 (average: 551.9987), the exchange rate shifted by +86.4827 (+15.67%).

2018 Avg (September) 638.4815
2017 Avg (September) 551.9987

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 540.6759 520.0480 525.9691
February 545.7816 535.7445 541.9563
March 549.8727 542.5687 546.4835
April 551.0418 540.6848 546.7021
May 555.5425 545.4624 550.3303
June 578.4973 550.7161 559.2251
July 595.5654 574.7274 583.9763
August 624.4918 594.1407 607.4380
September 664.6262 612.2766 638.4815
October 658.2626 622.2756 642.6173
November 657.2144 596.3831 632.4763
December 597.3122 576.4751 588.3320