2018 NGN to GEL Historical Review

YEARLY HIGH

0.0074 GEL

YEARLY LOW

0.0067 GEL

YEARLY AVERAGE

0.0069 GEL

2018 NGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0074. Conversely, the yearly low was recorded on November 17, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0007 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0073, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0074 was down 18.65% compared to the 2017 peak of 0.0091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 7,365 GEL

2017 Average 7,520 GEL

Yearly Trough Low 6,713 GEL

Transaction Impact: A difference of 652.22 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0074

0.0067

JanuMarcMayJulySeptNove

NGN 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 0.0069 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) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0006 GEL (High: 0.0074 / Low: 0.0067). On the other end, October was the most stable month, with a tight range of 0.0000 GEL (High: 0.0068 / Low: 0.0067).

November Spread (Volatile) ±0.0006

October 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 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 (December 2018: 0.0073) against the same month in 2017 (average: 0.0073), the exchange rate shifted by +0.0000 (+0.28%).

2018 Avg (December) 0.0073

2017 Avg (December) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0072	0.0068	0.0071
February	0.0069	0.0068	0.0068
March	0.0068	0.0068	0.0068
April	0.0069	0.0067	0.0068
May	0.0069	0.0068	0.0068
June	0.0068	0.0068	0.0068
July	0.0068	0.0068	0.0068
August	0.0069	0.0068	0.0068
September	0.0069	0.0067	0.0068
October	0.0068	0.0067	0.0067
November	0.0074	0.0067	0.0070
December	0.0074	0.0073	0.0073