2018 GEL to PEN Historical Review

YEARLY HIGH

1.3835 PEN

YEARLY LOW

1.2404 PEN

YEARLY AVERAGE

1.3231 PEN

2018 GEL to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1.3835. Conversely, the yearly low was recorded on January 4, dropping to 1.2404.

This high-to-low spread represents a total annual volatility of 0.1431 PEN. From a start-to-finish perspective, comparing the January average rate of 1.2575 to the December average rate of 1.2637, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3835 was up 0.92% compared to the 2017 peak of 1.3709, 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 6,918 PEN

2017 Average 6,534 PEN

Yearly Trough Low 6,202 PEN

Transaction Impact: A difference of 715.59 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3715

1.2471

JanuMarcMayJulySeptNove

GEL to PEN 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 1.3163, compared to 1.3298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 1.3163

H2 Avg (Jul–Dec) 1.3298

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1161 PEN (High: 1.3835 / Low: 1.2674). On the other end, July was the most stable month, with a tight range of 0.0105 PEN (High: 1.3451 / Low: 1.3346).

November Spread (Volatile) ±0.1161

July Spread (Stable) ±0.0105

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 0.0715 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0715

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.3352) against the same month in 2017 (average: 1.2589), the exchange rate shifted by +0.0762 (+6.06%).

2018 Avg (November) 1.3352

2017 Avg (November) 1.2589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3037	1.2404	1.2575
February	1.3432	1.2952	1.3210
March	1.3392	1.3185	1.3283
April	1.3351	1.3094	1.3249
May	1.3469	1.3182	1.3337
June	1.3371	1.3249	1.3325
July	1.3451	1.3346	1.3384
August	1.3444	1.3234	1.3333
September	1.3608	1.3319	1.3473
October	1.3758	1.3516	1.3612
November	1.3835	1.2674	1.3352
December	1.2760	1.2535	1.2637