YEARLY HIGH
0.0255 GEL
YEARLY LOW
0.0206 GEL
YEARLY AVERAGE
0.0228 GEL

2018 NPR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0255. Conversely, the yearly low was recorded on October 9, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0049 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0236, the exchange rate registered a net change of -6.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0255 was down 3.48% compared to the 2017 peak of 0.0264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 128 GEL
2017 Average 120 GEL
Yearly Trough Low 103 GEL
Transaction Impact: A difference of 24.71 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0256
0.0204
JanuMarcMayJulySeptNove

NPR 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 0.0235, compared to 0.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0235
H2 Avg (Jul–Dec) 0.0220

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0031 GEL (High: 0.0239 / Low: 0.0208). On the other end, July was the most stable month, with a tight range of 0.0002 GEL (High: 0.0224 / Low: 0.0221).

November Spread (Volatile) ±0.0031
July Spread (Stable) ±0.0002

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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0251) against the same month in 2017 (average: 0.0248), the exchange rate shifted by +0.0004 (+1.44%).

2018 Avg (January) 0.0251
2017 Avg (January) 0.0248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0255 0.0243 0.0251
February 0.0243 0.0237 0.0239
March 0.0237 0.0234 0.0235
April 0.0234 0.0230 0.0232
May 0.0231 0.0224 0.0227
June 0.0230 0.0223 0.0226
July 0.0224 0.0221 0.0223
August 0.0225 0.0218 0.0222
September 0.0218 0.0210 0.0213
October 0.0210 0.0206 0.0208
November 0.0239 0.0208 0.0220
December 0.0240 0.0230 0.0236