YEARLY HIGH
0.5662 SGD
YEARLY LOW
0.5085 SGD
YEARLY AVERAGE
0.5432 SGD

2018 GEL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.5662. Conversely, the yearly low was recorded on December 31, dropping to 0.5085.

This high-to-low spread represents a total annual volatility of 0.0577 SGD. From a start-to-finish perspective, comparing the January average rate of 0.5168 to the December average rate of 0.5150, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5662 was down 3.61% compared to the 2017 peak of 0.5874, 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 2,831 SGD
2017 Average 2,766 SGD
Yearly Trough Low 2,543 SGD
Transaction Impact: A difference of 288.51 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5685
0.5101
JanuMarcMayJulySeptNove

GEL to SGD 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 0.5376, compared to 0.5488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.5376
H2 Avg (Jul–Dec) 0.5488

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0507 SGD (High: 0.5658 / Low: 0.5151). On the other end, March was the most stable month, with a tight range of 0.0043 SGD (High: 0.5397 / Low: 0.5354).

November Spread (Volatile) ±0.0507
March Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0293 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.5636) against the same month in 2017 (average: 0.5465), the exchange rate shifted by +0.0171 (+3.13%).

2018 Avg (October) 0.5636
2017 Avg (October) 0.5465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5300 0.5130 0.5168
February 0.5444 0.5278 0.5367
March 0.5397 0.5354 0.5375
April 0.5428 0.5359 0.5398
May 0.5531 0.5407 0.5458
June 0.5579 0.5421 0.5494
July 0.5596 0.5541 0.5568
August 0.5632 0.5497 0.5547
September 0.5635 0.5526 0.5583
October 0.5662 0.5593 0.5636
November 0.5658 0.5151 0.5442
December 0.5187 0.5085 0.5150