YEARLY HIGH
0.6348 NZD
YEARLY LOW
0.5336 NZD
YEARLY AVERAGE
0.5824 NZD

2018 GEL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.6348. Conversely, the yearly low was recorded on January 23, dropping to 0.5336.

This high-to-low spread represents a total annual volatility of 0.1012 NZD. From a start-to-finish perspective, comparing the January average rate of 0.5391 to the December average rate of 0.5520, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6348 was up 5.37% compared to the 2017 peak of 0.6024, 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 3,174 NZD
2017 Average 2,820 NZD
Yearly Trough Low 2,668 NZD
Transaction Impact: A difference of 506.07 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6349
0.5304
JanuMarcMayJulySeptNove

GEL to NZD 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 0.5666, compared to 0.5982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 0.5666
H2 Avg (Jul–Dec) 0.5982

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0683 NZD (High: 0.6146 / Low: 0.5464). On the other end, March was the most stable month, with a tight range of 0.0120 NZD (High: 0.5700 / Low: 0.5580).

November Spread (Volatile) ±0.0683
March Spread (Stable) ±0.0120

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 October and November, when the average rate fell by 0.0418 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.6262) against the same month in 2017 (average: 0.5706), the exchange rate shifted by +0.0556 (+9.74%).

2018 Avg (October) 0.6262
2017 Avg (October) 0.5706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5509 0.5336 0.5391
February 0.5648 0.5452 0.5567
March 0.5700 0.5580 0.5636
April 0.5797 0.5574 0.5667
May 0.5989 0.5777 0.5862
June 0.6037 0.5782 0.5874
July 0.6092 0.5966 0.6017
August 0.6220 0.6009 0.6081
September 0.6253 0.6098 0.6171
October 0.6348 0.6180 0.6262
November 0.6146 0.5464 0.5843
December 0.5595 0.5422 0.5520