YEARLY HIGH
22.1926 PHP
YEARLY LOW
19.2440 PHP
YEARLY AVERAGE
21.2092 PHP

2018 GEL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 22.1926. Conversely, the yearly low was recorded on January 7, dropping to 19.2440.

This high-to-low spread represents a total annual volatility of 2.9486 PHP. From a start-to-finish perspective, comparing the January average rate of 19.7566 to the December average rate of 19.8289, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.1926 was up 3.04% compared to the 2017 peak of 21.5370, 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 110,963 PHP
2017 Average 100,986 PHP
Yearly Trough Low 96,220 PHP
Transaction Impact: A difference of 14,742.87 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

22.2544
19.5295
JanuMarcMayJulySeptNove

GEL to PHP 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 21.0687, compared to 21.3497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2809 points.

H1 Avg (Jan–Jun) 21.0687
H2 Avg (Jul–Dec) 21.3497

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 2.0819 PHP (High: 21.7699 / Low: 19.6881). On the other end, July was the most stable month, with a tight range of 0.2802 PHP (High: 21.9393 / Low: 21.6591).

November Spread (Volatile) ±2.0819
July Spread (Stable) ±0.2802

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 October and November, when the average rate fell by 1.1389 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 22.0273) against the same month in 2017 (average: 20.6489), the exchange rate shifted by +1.3784 (+6.68%).

2018 Avg (October) 22.0273
2017 Avg (October) 20.6489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.6689 19.2440 19.7566
February 21.3316 20.7984 21.0925
March 21.4984 21.0692 21.2983
April 21.5605 21.0060 21.3409
May 21.6067 21.0228 21.2950
June 21.8451 21.2735 21.6292
July 21.9393 21.6591 21.8036
August 21.8789 21.4941 21.5828
September 22.1709 21.5750 21.9669
October 22.1926 21.8310 22.0273
November 21.7699 19.6881 20.8884
December 19.9814 19.5609 19.8289