YEARLY HIGH
0.0212 GEL
YEARLY LOW
0.0179 GEL
YEARLY AVERAGE
0.0193 GEL

2018 JMD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0212. Conversely, the yearly low was recorded on September 9, dropping to 0.0179.

This high-to-low spread represents a total annual volatility of 0.0034 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0208, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0212 was down 1.93% compared to the 2017 peak of 0.0217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 106 GEL
2017 Average 97 GEL
Yearly Trough Low 89 GEL
Transaction Impact: A difference of 16.85 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0211
0.0178
JanuMarcMayJulySeptNove

JMD to GEL 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 0.0196, compared to 0.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0196
H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0022 GEL (High: 0.0212 / Low: 0.0191). On the other end, March was the most stable month, with a tight range of 0.0003 GEL (High: 0.0194 / Low: 0.0191).

November Spread (Volatile) ±0.0022
March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0200) against the same month in 2017 (average: 0.0204), the exchange rate shifted by -0.0004 (-2.18%).

2018 Avg (November) 0.0200
2017 Avg (November) 0.0204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0209 0.0198 0.0206
February 0.0199 0.0194 0.0196
March 0.0194 0.0191 0.0192
April 0.0198 0.0192 0.0195
May 0.0198 0.0194 0.0195
June 0.0194 0.0186 0.0189
July 0.0189 0.0184 0.0187
August 0.0184 0.0180 0.0182
September 0.0182 0.0179 0.0180
October 0.0191 0.0182 0.0185
November 0.0212 0.0191 0.0200
December 0.0210 0.0207 0.0208