2018 GEL to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 1018.6376. Conversely, the yearly low was recorded on June 13, dropping to 879.1572.
This high-to-low spread represents a total annual volatility of 139.4804 MNT. From a start-to-finish perspective, comparing the January average rate of 947.2515 to the December average rate of 925.5932, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 1018.6376 was down 0.90% compared to the 2017 peak of 1027.9011, 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 MNT 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 972.6010, compared to 984.8141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.2131 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 117.6336 MNT (High: 996.7908 / Low: 879.1572). On the other end, July was the most stable month, with a tight range of 3.4483 MNT (High: 999.2308 / Low: 995.7825).
Growth Streaks & Declines
TrendsBetween 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 60.7565 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 986.3496) against the same month in 2017 (average: 949.2215), the exchange rate shifted by +37.1282 (+3.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 980.2690 | 934.8772 | 947.2515 |
| February | 984.6408 | 968.1600 | 975.9870 |
| March | 981.9773 | 970.2309 | 977.7940 |
| April | 987.3280 | 968.9865 | 980.4256 |
| May | 985.6778 | 971.4282 | 978.3388 |
| June | 996.7908 | 879.1572 | 975.8092 |
| July | 999.2308 | 995.7825 | 997.3401 |
| August | 998.0289 | 983.6670 | 989.6095 |
| September | 998.0289 | 981.9860 | 994.1982 |
| October | 1018.1666 | 998.0289 | 1015.7942 |
| November | 1018.6376 | 937.5670 | 986.3496 |
| December | 943.7887 | 915.5784 | 925.5932 |