2018 GEL to MVR Historical Review

YEARLY HIGH

6.4174 MVR

YEARLY LOW

5.7649 MVR

YEARLY AVERAGE

6.2180 MVR

2018 GEL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 6.4174. Conversely, the yearly low was recorded on December 30, dropping to 5.7649.

This high-to-low spread represents a total annual volatility of 0.6525 MVR. From a start-to-finish perspective, comparing the January average rate of 6.0231 to the December average rate of 5.8047, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.4174 was down 1.22% compared to the 2017 peak of 6.4969, 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 32,087 MVR

2017 Average 30,933 MVR

Yearly Trough Low 28,825 MVR

Transaction Impact: A difference of 3,262.49 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.3805

5.7523

JanuMarcMayJulySeptNove

GEL to MVR 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 6.2589, compared to 6.1771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0818 points.

H1 Avg (Jan–Jun) 6.2589

H2 Avg (Jul–Dec) 6.1771

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.5203 MVR (High: 6.3180 / Low: 5.7977). On the other end, October was the most stable month, with a tight range of 0.0522 MVR (High: 6.3180 / Low: 6.2658).

November Spread (Volatile) ±0.5203

October Spread (Stable) ±0.0522

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 0.3120 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 6.3282) against the same month in 2017 (average: 6.3994), the exchange rate shifted by -0.0712 (-1.11%).

2018 Avg (April) 6.3282

2017 Avg (April) 6.3994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.2467	5.9422	6.0231
February	6.3275	6.2123	6.2761
March	6.3405	6.2738	6.3143
April	6.4174	6.2674	6.3282
May	6.3716	6.2554	6.3184
June	6.3411	6.2659	6.2936
July	6.3486	6.2849	6.3034
August	6.3180	6.2248	6.2552
September	6.3180	6.1923	6.2786
October	6.3180	6.2658	6.3040
November	6.3180	5.7977	6.1166
December	5.8342	5.7649	5.8047