YEARLY HIGH
1.5052 QAR
YEARLY LOW
1.3587 QAR
YEARLY AVERAGE
1.4663 QAR

2018 GEL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 1.5052. Conversely, the yearly low was recorded on December 31, dropping to 1.3587.

This high-to-low spread represents a total annual volatility of 0.1465 QAR. From a start-to-finish perspective, comparing the January average rate of 1.4234 to the December average rate of 1.3697, the exchange rate registered a net change of -3.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5052 was down 4.67% compared to the 2017 peak of 1.5788, 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 7,526 QAR
2017 Average 7,369 QAR
Yearly Trough Low 6,793 QAR
Transaction Impact: A difference of 732.48 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5059
1.3573
JanuMarcMayJulySeptNove

GEL to QAR 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 1.4755, compared to 1.4571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0184 points.

H1 Avg (Jan–Jun) 1.4755
H2 Avg (Jul–Dec) 1.4571

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1224 QAR (High: 1.4880 / Low: 1.3657). On the other end, July was the most stable month, with a tight range of 0.0039 QAR (High: 1.4896 / Low: 1.4857).

November Spread (Volatile) ±0.1224
July Spread (Stable) ±0.0039

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 November and December, when the average rate fell by 0.0709 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 1.4935) against the same month in 2017 (average: 1.5092), the exchange rate shifted by -0.0157 (-1.04%).

2018 Avg (April) 1.4935
2017 Avg (April) 1.5092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4771 1.4012 1.4234
February 1.4912 1.4688 1.4804
March 1.4961 1.4775 1.4883
April 1.5052 1.4760 1.4935
May 1.4967 1.4685 1.4837
June 1.4895 1.4761 1.4835
July 1.4896 1.4857 1.4876
August 1.4880 1.4632 1.4751
September 1.4901 1.4640 1.4824
October 1.4880 1.4811 1.4871
November 1.4880 1.3657 1.4406
December 1.3883 1.3587 1.3697