2018 MDL to GEL Historical Review

YEARLY HIGH

0.1580 GEL

YEARLY LOW

0.1424 GEL

YEARLY AVERAGE

0.1479 GEL

2018 MDL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MDL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1580. Conversely, the yearly low was recorded on October 27, dropping to 0.1424.

This high-to-low spread represents a total annual volatility of 0.0156 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1509 to the December average rate of 0.1550, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1580 was down 0.26% compared to the 2017 peak of 0.1584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 790 GEL

2017 Average 679 GEL

Yearly Trough Low 712 GEL

Transaction Impact: A difference of 77.78 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1561

0.1428

JanuMarcMayJulySeptNove

MDL 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 0.1478, compared to 0.1480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1478

H2 Avg (Jul–Dec) 0.1480

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0122 GEL (High: 0.1551 / Low: 0.1428). On the other end, March was the most stable month, with a tight range of 0.0013 GEL (High: 0.1482 / Low: 0.1469).

November Spread (Volatile) ±0.0122

March Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.1550) against the same month in 2017 (average: 0.1528), the exchange rate shifted by +0.0023 (+1.49%).

2018 Avg (December) 0.1550

2017 Avg (December) 0.1528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1520	0.1474	0.1509
February	0.1489	0.1461	0.1475
March	0.1482	0.1469	0.1477
April	0.1496	0.1470	0.1482
May	0.1481	0.1453	0.1471
June	0.1466	0.1444	0.1455
July	0.1479	0.1447	0.1465
August	0.1496	0.1473	0.1484
September	0.1491	0.1447	0.1462
October	0.1451	0.1424	0.1439
November	0.1551	0.1428	0.1479
December	0.1580	0.1537	0.1550