YEARLY HIGH
0.0118 GEL
YEARLY LOW
0.0068 GEL
YEARLY AVERAGE
0.0070 GEL

2018 MRO to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0118. Conversely, the yearly low was recorded on April 4, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0050 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0075, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0118 was up 53.40% compared to the 2017 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59 GEL
2017 Average 35 GEL
Yearly Trough Low 34 GEL
Transaction Impact: A difference of 25.06 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0075
0.0068
JanuMarcMayJulySeptNove

MRO 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 0.0069, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0069
H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0050 GEL (High: 0.0118 / Low: 0.0068). On the other end, July was the most stable month, with a tight range of 0.0000 GEL (High: 0.0069 / Low: 0.0069).

October Spread (Volatile) ±0.0050
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and June, 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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0072) against the same month in 2017 (average: 0.0069), the exchange rate shifted by +0.0003 (+4.10%).

2018 Avg (October) 0.0072
2017 Avg (October) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0069 0.0072
February 0.0070 0.0069 0.0069
March 0.0069 0.0068 0.0069
April 0.0069 0.0068 0.0069
May 0.0070 0.0068 0.0069
June 0.0069 0.0069 0.0069
July 0.0069 0.0069 0.0069
August 0.0070 0.0068 0.0069
September 0.0070 0.0068 0.0069
October 0.0118 0.0068 0.0072
November 0.0075 0.0069 0.0071
December 0.0075 0.0074 0.0075