2018 MVR to GEL Historical Review

YEARLY HIGH

0.1735 GEL

YEARLY LOW

0.1558 GEL

YEARLY AVERAGE

0.1610 GEL

2018 MVR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1735. Conversely, the yearly low was recorded on April 8, dropping to 0.1558.

This high-to-low spread represents a total annual volatility of 0.0176 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1661 to the December average rate of 0.1723, the exchange rate registered a net change of 3.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1735 was down 3.38% compared to the 2017 peak of 0.1795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 867 GEL

2017 Average 810 GEL

Yearly Trough Low 779 GEL

Transaction Impact: A difference of 88.19 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1737

0.1566

JanuMarcMayJulySeptNove

MVR 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 0.1598, compared to 0.1621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1598

H2 Avg (Jul–Dec) 0.1621

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0142 GEL (High: 0.1725 / Low: 0.1583). On the other end, October was the most stable month, with a tight range of 0.0013 GEL (High: 0.1596 / Low: 0.1583).

November Spread (Volatile) ±0.0142

October Spread (Stable) ±0.0013

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 0.0067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.1723) against the same month in 2017 (average: 0.1704), the exchange rate shifted by +0.0019 (+1.13%).

2018 Avg (December) 0.1723

2017 Avg (December) 0.1704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1683	0.1601	0.1661
February	0.1610	0.1580	0.1593
March	0.1594	0.1577	0.1584
April	0.1596	0.1558	0.1580
May	0.1599	0.1569	0.1583
June	0.1596	0.1577	0.1589
July	0.1591	0.1575	0.1586
August	0.1606	0.1583	0.1599
September	0.1615	0.1583	0.1593
October	0.1596	0.1583	0.1586
November	0.1725	0.1583	0.1638
December	0.1735	0.1714	0.1723