2018 MZN to GEL Historical Review

YEARLY HIGH

0.0441 GEL

YEARLY LOW

0.0393 GEL

YEARLY AVERAGE

0.0413 GEL

2018 MZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0441. Conversely, the yearly low was recorded on March 12, dropping to 0.0393.

This high-to-low spread represents a total annual volatility of 0.0048 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0433 to the December average rate of 0.0436, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0441 was down 1.59% compared to the 2017 peak of 0.0448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 220 GEL

2017 Average 195 GEL

Yearly Trough Low 197 GEL

Transaction Impact: A difference of 23.90 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0441

0.0391

JanuMarcMayJulySeptNove

MZN 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 0.0409, compared to 0.0416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0409

H2 Avg (Jul–Dec) 0.0416

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0040 GEL (High: 0.0440 / Low: 0.0400). On the other end, October was the most stable month, with a tight range of 0.0004 GEL (High: 0.0407 / Low: 0.0403).

November Spread (Volatile) ±0.0040

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0029 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0436) against the same month in 2017 (average: 0.0439), the exchange rate shifted by -0.0003 (-0.63%).

2018 Avg (December) 0.0436

2017 Avg (December) 0.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0441	0.0414	0.0433
February	0.0408	0.0400	0.0404
March	0.0400	0.0393	0.0395
April	0.0412	0.0395	0.0402
May	0.0413	0.0403	0.0408
June	0.0414	0.0408	0.0412
July	0.0422	0.0407	0.0415
August	0.0427	0.0414	0.0420
September	0.0414	0.0402	0.0406
October	0.0407	0.0403	0.0404
November	0.0440	0.0400	0.0416
December	0.0441	0.0432	0.0436