YEARLY HIGH
146.9599 MRO
YEARLY LOW
84.6289 MRO
YEARLY AVERAGE
143.0881 MRO

2018 GEL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 146.9599. Conversely, the yearly low was recorded on October 8, dropping to 84.6289.

This high-to-low spread represents a total annual volatility of 62.3310 MRO. From a start-to-finish perspective, comparing the January average rate of 138.7693 to the December average rate of 134.0863, the exchange rate registered a net change of -3.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 146.9599 was down 4.07% compared to the 2017 peak of 153.2018, 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 734,800 MRO
2017 Average 721,463 MRO
Yearly Trough Low 423,144 MRO
Transaction Impact: A difference of 311,655.20 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

146.9931
132.9130
JanuMarcMayJulySeptNove

GEL to MRO 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 144.0635, compared to 142.1127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9508 points.

H1 Avg (Jan–Jun) 144.0635
H2 Avg (Jul–Dec) 142.1127

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 61.4690 MRO (High: 146.0979 / Low: 84.6289). On the other end, July was the most stable month, with a tight range of 0.6589 MRO (High: 145.7511 / Low: 145.0922).

October Spread (Volatile) ±61.4690
July Spread (Stable) ±0.6589

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 7.2093 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.2093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 145.8197) against the same month in 2017 (average: 149.2752), the exchange rate shifted by -3.4554 (-2.31%).

2018 Avg (April) 145.8197
2017 Avg (April) 149.2752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 144.2008 136.6993 138.7693
February 145.5871 143.4050 144.4969
March 146.0603 144.4674 145.3606
April 146.9599 143.9139 145.8197
May 146.3398 143.3800 144.9770
June 145.4439 144.3107 144.9577
July 145.7511 145.0922 145.4781
August 146.0979 143.8056 144.5093
September 146.0979 143.5483 145.4017
October 146.0979 84.6289 141.9051
November 145.8935 133.8991 141.2956
December 134.8090 133.2090 134.0863