2018 GEL to MZN Historical Review

YEARLY HIGH

25.4338 MZN

YEARLY LOW

22.6771 MZN

YEARLY AVERAGE

24.2618 MZN

2018 GEL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 25.4338. Conversely, the yearly low was recorded on December 29, dropping to 22.6771.

This high-to-low spread represents a total annual volatility of 2.7568 MZN. From a start-to-finish perspective, comparing the January average rate of 23.1018 to the December average rate of 22.9125, the exchange rate registered a net change of -0.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 25.4338 was down 13.64% compared to the 2017 peak of 29.4506, 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 127,169 MZN

2017 Average 128,701 MZN

Yearly Trough Low 113,385 MZN

Transaction Impact: A difference of 13,783.84 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

25.5273

22.6748

JanuMarcMayJulySeptNove

GEL to MZN 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 24.4770, compared to 24.0465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4305 points.

H1 Avg (Jan–Jun) 24.4770

H2 Avg (Jul–Dec) 24.0465

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 2.2714 MZN (High: 25.0103 / Low: 22.7389). On the other end, October was the most stable month, with a tight range of 0.2292 MZN (High: 24.8265 / Low: 24.5973).

November Spread (Volatile) ±2.2714

October Spread (Stable) ±0.2292

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1773 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 25.2896) against the same month in 2017 (average: 28.0585), the exchange rate shifted by -2.7689 (-9.87%).

2018 Avg (March) 25.2896

2017 Avg (March) 28.0585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.1332	22.6914	23.1018
February	24.9838	24.5221	24.7728
March	25.4338	25.0291	25.2896
April	25.2949	24.2872	24.8916
May	24.8287	24.1937	24.5290
June	24.5308	24.1287	24.2773
July	24.5506	23.7073	24.1074
August	24.1767	23.3973	23.7932
September	24.8780	24.1388	24.6219
October	24.8265	24.5973	24.7545
November	25.0103	22.7389	24.0898
December	23.1274	22.6771	22.9125