2018 GEL to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 54.8633. Conversely, the yearly low was recorded on January 1, dropping to 42.6042.
This high-to-low spread represents a total annual volatility of 12.2591 PKR. From a start-to-finish perspective, comparing the January average rate of 43.2716 to the December average rate of 52.2172, the exchange rate registered a net change of 20.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 54.8633 was up 23.51% compared to the 2017 peak of 44.4206, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
GEL to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 46.1962, compared to 51.5675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3714 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 4.4830 PKR (High: 54.6079 / Low: 50.1249). On the other end, February was the most stable month, with a tight range of 0.7321 PKR (High: 45.3640 / Low: 44.6319).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.9470 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 53.0127) against the same month in 2017 (average: 40.8248), the exchange rate shifted by +12.1878 (+29.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.8422 | 42.6042 | 43.2716 |
| February | 45.3640 | 44.6319 | 44.9959 |
| March | 47.5404 | 44.9117 | 45.9412 |
| April | 47.8291 | 46.9259 | 47.4327 |
| May | 47.5893 | 46.6237 | 47.1456 |
| June | 49.6877 | 46.9005 | 48.3900 |
| July | 52.7930 | 49.6362 | 50.9031 |
| August | 50.6988 | 49.2440 | 49.9560 |
| September | 50.6234 | 49.5376 | 50.2194 |
| October | 54.6079 | 50.1249 | 53.0970 |
| November | 54.8633 | 50.3990 | 53.0127 |
| December | 52.6401 | 50.3990 | 52.2172 |