YEARLY HIGH
0.0019 GEL
YEARLY LOW
0.0015 GEL
YEARLY AVERAGE
0.0017 GEL

2018 MMK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0019. Conversely, the yearly low was recorded on September 23, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0004 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0017, the exchange rate registered a net change of -10.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0019 was down 5.49% compared to the 2017 peak of 0.0020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 GEL
2017 Average 9 GEL
Yearly Trough Low 8 GEL
Transaction Impact: A difference of 2.09 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0019
0.0015
JanuMarcMayJulySeptNove

MMK 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 0.0018, compared to 0.0016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0016

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0002 GEL (High: 0.0017 / Low: 0.0015). On the other end, March was the most stable month, with a tight range of 0.0000 GEL (High: 0.0018 / Low: 0.0018).

November Spread (Volatile) ±0.0002
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0019) against the same month in 2017 (average: 0.0020), the exchange rate shifted by -0.0001 (-4.35%).

2018 Avg (January) 0.0019
2017 Avg (January) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0018 0.0019
February 0.0019 0.0018 0.0018
March 0.0018 0.0018 0.0018
April 0.0018 0.0018 0.0018
May 0.0018 0.0018 0.0018
June 0.0018 0.0017 0.0018
July 0.0017 0.0017 0.0017
August 0.0017 0.0016 0.0016
September 0.0016 0.0015 0.0016
October 0.0016 0.0015 0.0016
November 0.0017 0.0015 0.0016
December 0.0017 0.0017 0.0017