2018 GEL to SHP Historical Review

YEARLY HIGH

0.3216 SHP

YEARLY LOW

0.2763 SHP

YEARLY AVERAGE

0.3018 SHP

2018 GEL to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 0.3216. Conversely, the yearly low was recorded on January 24, dropping to 0.2763.

This high-to-low spread represents a total annual volatility of 0.0453 SHP. From a start-to-finish perspective, comparing the January average rate of 0.2830 to the December average rate of 0.2965, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3216 was down 4.27% compared to the 2017 peak of 0.3359, 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 1,608 SHP

2017 Average 1,556 SHP

Yearly Trough Low 1,381 SHP

Transaction Impact: A difference of 226.71 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3181

0.2798

JanuMarcMayJulySeptNove

GEL to SHP 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 0.2946, compared to 0.3090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.2946

H2 Avg (Jul–Dec) 0.3090

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0275 SHP (High: 0.3201 / Low: 0.2927). On the other end, May was the most stable month, with a tight range of 0.0062 SHP (High: 0.3058 / Low: 0.2995).

November Spread (Volatile) ±0.0275

May Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0103 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.3138) against the same month in 2017 (average: 0.3045), the exchange rate shifted by +0.0093 (+3.06%).

2018 Avg (October) 0.3138

2017 Avg (October) 0.3045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2870	0.2763	0.2830
February	0.2961	0.2828	0.2911
March	0.2959	0.2879	0.2926
April	0.2963	0.2867	0.2917
May	0.3058	0.2995	0.3027
June	0.3118	0.3035	0.3065
July	0.3136	0.3073	0.3101
August	0.3213	0.3094	0.3149
September	0.3164	0.3076	0.3122
October	0.3216	0.3085	0.3138
November	0.3201	0.2927	0.3068
December	0.3022	0.2929	0.2965