2018 PEN to GEL Historical Review

YEARLY HIGH

0.8062 GEL

YEARLY LOW

0.7228 GEL

YEARLY AVERAGE

0.7563 GEL

2018 PEN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.8062. Conversely, the yearly low was recorded on November 15, dropping to 0.7228.

This high-to-low spread represents a total annual volatility of 0.0834 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7953 to the December average rate of 0.7913, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8062 was down 4.09% compared to the 2017 peak of 0.8405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,031 GEL

2017 Average 3,832 GEL

Yearly Trough Low 3,614 GEL

Transaction Impact: A difference of 416.98 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8014

0.7286

JanuMarcMayJulySeptNove

PEN 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 0.7601, compared to 0.7526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.7601

H2 Avg (Jul–Dec) 0.7526

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0662 GEL (High: 0.7890 / Low: 0.7228). On the other end, July was the most stable month, with a tight range of 0.0059 GEL (High: 0.7493 / Low: 0.7434).

November Spread (Volatile) ±0.0662

July Spread (Stable) ±0.0059

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 0.0383 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.7953) against the same month in 2017 (average: 0.8081), the exchange rate shifted by -0.0127 (-1.57%).

2018 Avg (January) 0.7953

2017 Avg (January) 0.8081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8062	0.7671	0.7953
February	0.7721	0.7445	0.7571
March	0.7585	0.7467	0.7528
April	0.7637	0.7490	0.7548
May	0.7586	0.7425	0.7498
June	0.7548	0.7479	0.7505
July	0.7493	0.7434	0.7472
August	0.7556	0.7438	0.7501
September	0.7508	0.7349	0.7423
October	0.7399	0.7269	0.7347
November	0.7890	0.7228	0.7501
December	0.7978	0.7837	0.7913