2018 GEL to UAH Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to UAH Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 11.7365. Conversely, the yearly low was recorded on December 29, dropping to 10.2201.
This high-to-low spread represents a total annual volatility of 1.5163 UAH. From a start-to-finish perspective, comparing the January average rate of 11.1379 to the December average rate of 10.4209, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 11.7365 was up 3.71% compared to the 2017 peak of 11.3163, 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 UAH 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 10.8363, compared to 11.0595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2232 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 1.1341 UAH (High: 11.5125 / Low: 10.3784). On the other end, June was the most stable month, with a tight range of 0.2008 UAH (High: 10.7911 / Low: 10.5903).
Growth Streaks & Declines
TrendsBetween May and September, 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 0.6313 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 11.1379) against the same month in 2017 (average: 10.1021), the exchange rate shifted by +1.0358 (+10.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.7365 | 10.8338 | 11.1379 |
| February | 11.3248 | 10.9039 | 11.0383 |
| March | 10.9377 | 10.6151 | 10.7502 |
| April | 10.9309 | 10.5857 | 10.7316 |
| May | 10.7859 | 10.5333 | 10.6703 |
| June | 10.7911 | 10.5903 | 10.6897 |
| July | 10.9696 | 10.7051 | 10.7778 |
| August | 11.4034 | 10.9789 | 11.1518 |
| September | 11.6087 | 11.2999 | 11.4786 |
| October | 11.5820 | 11.3620 | 11.4758 |
| November | 11.5125 | 10.3784 | 11.0522 |
| December | 10.6399 | 10.2201 | 10.4209 |