2018 GEL to NGN Historical Review

YEARLY HIGH

148.9585 NGN

YEARLY LOW

135.7681 NGN

YEARLY AVERAGE

145.4810 NGN

2018 GEL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 148.9585. Conversely, the yearly low was recorded on December 30, dropping to 135.7681.

This high-to-low spread represents a total annual volatility of 13.1904 NGN. From a start-to-finish perspective, comparing the January average rate of 140.8239 to the December average rate of 136.7209, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 148.9585 was down 3.69% compared to the 2017 peak of 154.6604, 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 744,793 NGN

2017 Average 668,692 NGN

Yearly Trough Low 678,841 NGN

Transaction Impact: A difference of 65,951.86 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

149.5851

135.5514

JanuMarcMayJulySeptNove

GEL to NGN 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 145.9570, compared to 145.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9520 points.

H1 Avg (Jan–Jun) 145.9570

H2 Avg (Jul–Dec) 145.0050

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 12.9069 NGN (High: 148.9585 / Low: 136.0516). On the other end, October was the most stable month, with a tight range of 1.0374 NGN (High: 148.7542 / Low: 147.7168).

November Spread (Volatile) ±12.9069

October Spread (Stable) ±1.0374

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 7.1293 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.1293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 143.8502) against the same month in 2017 (average: 139.4211), the exchange rate shifted by +4.4292 (+3.18%).

2018 Avg (November) 143.8502

2017 Avg (November) 139.4211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	146.0261	138.3356	140.8239
February	147.7861	145.2309	146.5683
March	147.9091	146.2706	147.1948
April	148.7369	145.8125	147.5993
May	148.0373	145.3695	146.7765
June	147.5347	146.2599	146.7795
July	147.8280	146.7551	147.3425
August	147.5597	145.4134	146.2977
September	148.7297	144.7947	147.4031
October	148.7542	147.7168	148.4156
November	148.9585	136.0516	143.8502
December	137.6411	135.7681	136.7209