2018 GEL to NPR Historical Review

YEARLY HIGH

48.6353 NPR

YEARLY LOW

39.2122 NPR

YEARLY AVERAGE

44.0399 NPR

2018 GEL to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 48.6353. Conversely, the yearly low was recorded on January 2, dropping to 39.2122.

This high-to-low spread represents a total annual volatility of 9.4231 NPR. From a start-to-finish perspective, comparing the January average rate of 39.8073 to the December average rate of 42.4558, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 48.6353 was up 11.53% compared to the 2017 peak of 43.6089, 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 243,177 NPR

2017 Average 208,630 NPR

Yearly Trough Low 196,061 NPR

Transaction Impact: A difference of 47,115.46 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

48.9364

38.9774

JanuMarcMayJulySeptNove

GEL to NPR 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 42.5788, compared to 45.5009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9221 points.

H1 Avg (Jan–Jun) 42.5788

H2 Avg (Jul–Dec) 45.5009

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 6.1526 NPR (High: 48.0186 / Low: 41.8661). On the other end, July was the most stable month, with a tight range of 0.4681 NPR (High: 45.1610 / Low: 44.6930).

November Spread (Volatile) ±6.1526

July Spread (Stable) ±0.4681

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.0640 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -3.0640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 48.1065) against the same month in 2017 (average: 41.8537), the exchange rate shifted by +6.2528 (+14.94%).

2018 Avg (October) 48.1065

2017 Avg (October) 41.8537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.2260	39.2122	39.8073
February	42.2737	41.1657	41.8788
March	42.7889	42.2787	42.5219
April	43.5160	42.7088	43.0922
May	44.7328	43.3799	43.9982
June	44.8372	43.5621	44.1745
July	45.1610	44.6930	44.8913
August	45.8074	44.5352	45.0955
September	47.5130	45.7820	46.9366
October	48.6353	47.6409	48.1065
November	48.0186	41.8661	45.5198
December	43.4714	41.6731	42.4558