YEARLY HIGH
1018.6376 MNT
YEARLY LOW
879.1572 MNT
YEARLY AVERAGE
978.7076 MNT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 5,093,188 MNT
2017 Average 4,877,665 MNT
Yearly Trough Low 4,395,786 MNT
Transaction Impact: A difference of 697,402.04 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1024.8143
916.5731
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 972.6010
H2 Avg (Jul–Dec) 984.8141

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±117.6336
July Spread (Stable) ±3.4483

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -60.7565

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (November) 986.3496
2017 Avg (November) 949.2215

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