YEARLY HIGH
0.8074 GEL
YEARLY LOW
0.7261 GEL
YEARLY AVERAGE
0.7562 GEL

2018 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8074. Conversely, the yearly low was recorded on November 14, dropping to 0.7261.

This high-to-low spread represents a total annual volatility of 0.0813 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7937 to the December average rate of 0.7909, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8074 was down 7.24% compared to the 2017 peak of 0.8704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,037 GEL
2017 Average 3,918 GEL
Yearly Trough Low 3,631 GEL
Transaction Impact: A difference of 406.27 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8000
0.7245
JanuMarcMayJulySeptNove

PGK 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 0.7617, compared to 0.7508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.7617
H2 Avg (Jul–Dec) 0.7508

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0687 GEL (High: 0.7948 / Low: 0.7261). On the other end, October was the most stable month, with a tight range of 0.0045 GEL (High: 0.7332 / Low: 0.7287).

November Spread (Volatile) ±0.0687
October Spread (Stable) ±0.0045

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 0.0291 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.7937) against the same month in 2017 (average: 0.8492), the exchange rate shifted by -0.0555 (-6.54%).

2018 Avg (January) 0.7937
2017 Avg (January) 0.8492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8074 0.7680 0.7937
February 0.7723 0.7552 0.7646
March 0.7711 0.7499 0.7590
April 0.7591 0.7436 0.7511
May 0.7592 0.7416 0.7516
June 0.7558 0.7431 0.7501
July 0.7479 0.7415 0.7445
August 0.7510 0.7382 0.7458
September 0.7516 0.7352 0.7393
October 0.7332 0.7287 0.7308
November 0.7948 0.7261 0.7537
December 0.7965 0.7860 0.7909