2018 NOK to GEL Historical Review

YEARLY HIGH

0.3291 GEL

YEARLY LOW

0.2872 GEL

YEARLY AVERAGE

0.3055 GEL

2018 NOK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.3291. Conversely, the yearly low was recorded on November 12, dropping to 0.2872.

This high-to-low spread represents a total annual volatility of 0.0419 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3235 to the December average rate of 0.3084, the exchange rate registered a net change of -4.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3291 was down 1.25% compared to the 2017 peak of 0.3332, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,645 GEL

2017 Average 1,513 GEL

Yearly Trough Low 1,436 GEL

Transaction Impact: A difference of 209.35 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3263

0.2930

JanuMarcMayJulySeptNove

NOK 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 0.3114, compared to 0.2996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.3114

H2 Avg (Jul–Dec) 0.2996

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0256 GEL (High: 0.3128 / Low: 0.2872). On the other end, May was the most stable month, with a tight range of 0.0074 GEL (High: 0.3060 / Low: 0.2985).

November Spread (Volatile) ±0.0256

May Spread (Stable) ±0.0074

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 0.0096 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.3235) against the same month in 2017 (average: 0.3187), the exchange rate shifted by +0.0048 (+1.50%).

2018 Avg (January) 0.3235

2017 Avg (January) 0.3187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3291	0.3162	0.3235
February	0.3244	0.3066	0.3139
March	0.3178	0.3102	0.3150
April	0.3143	0.3059	0.3108
May	0.3060	0.2985	0.3031
June	0.3073	0.2994	0.3023
July	0.3051	0.2976	0.3010
August	0.2995	0.2908	0.2958
September	0.3019	0.2895	0.2975
October	0.3018	0.2901	0.2964
November	0.3128	0.2872	0.2985
December	0.3123	0.3037	0.3084