2018 GEL to RON Historical Review

YEARLY HIGH

1.6955 RON

YEARLY LOW

1.4737 RON

YEARLY AVERAGE

1.5875 RON

2018 GEL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 1.6955. Conversely, the yearly low was recorded on January 15, dropping to 1.4737.

This high-to-low spread represents a total annual volatility of 0.2218 RON. From a start-to-finish perspective, comparing the January average rate of 1.4908 to the December average rate of 1.5350, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6955 was down 5.30% compared to the 2017 peak of 1.7903, 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 8,477 RON

2017 Average 8,114 RON

Yearly Trough Low 7,368 RON

Transaction Impact: A difference of 1,108.99 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6764

1.4739

JanuMarcMayJulySeptNove

GEL to RON 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 1.5589, compared to 1.6160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0571 points.

H1 Avg (Jan–Jun) 1.5589

H2 Avg (Jul–Dec) 1.6160

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1612 RON (High: 1.6955 / Low: 1.5343). On the other end, July was the most stable month, with a tight range of 0.0296 RON (High: 1.6375 / Low: 1.6079).

November Spread (Volatile) ±0.1612

July Spread (Stable) ±0.0296

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0878 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.6228) against the same month in 2017 (average: 1.5299), the exchange rate shifted by +0.0929 (+6.07%).

2018 Avg (November) 1.6228

2017 Avg (November) 1.5299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5231	1.4737	1.4908
February	1.5591	1.4995	1.5331
March	1.5595	1.5273	1.5448
April	1.5740	1.5391	1.5573
May	1.6269	1.5724	1.6003
June	1.6438	1.6055	1.6272
July	1.6375	1.6079	1.6250
August	1.6773	1.5965	1.6309
September	1.6407	1.6011	1.6228
October	1.6846	1.6401	1.6595
November	1.6955	1.5343	1.6228
December	1.5525	1.5154	1.5350