2018 SAR to GEL Historical Review

YEARLY HIGH

0.7145 GEL

YEARLY LOW

0.6450 GEL

YEARLY AVERAGE

0.6626 GEL

2018 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.7145. Conversely, the yearly low was recorded on April 4, dropping to 0.6450.

This high-to-low spread represents a total annual volatility of 0.0695 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6820 to the December average rate of 0.7097, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7145 was down 2.70% compared to the 2017 peak of 0.7343, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,572 GEL

2017 Average 3,332 GEL

Yearly Trough Low 3,225 GEL

Transaction Impact: A difference of 347.27 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7157

0.6442

JanuMarcMayJulySeptNove

SAR 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 0.6581, compared to 0.6671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.6581

H2 Avg (Jul–Dec) 0.6671

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0584 GEL (High: 0.7105 / Low: 0.6521). On the other end, July was the most stable month, with a tight range of 0.0016 GEL (High: 0.6534 / Low: 0.6518).

November Spread (Volatile) ±0.0584

July Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and June, 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 0.0262 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.7097) against the same month in 2017 (average: 0.6998), the exchange rate shifted by +0.0099 (+1.42%).

2018 Avg (December) 0.7097

2017 Avg (December) 0.6998

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6910	0.6574	0.6820
February	0.6611	0.6510	0.6558
March	0.6570	0.6490	0.6524
April	0.6578	0.6450	0.6501
May	0.6611	0.6475	0.6541
June	0.6578	0.6489	0.6544
July	0.6534	0.6518	0.6526
August	0.6619	0.6524	0.6580
September	0.6630	0.6522	0.6550
October	0.6554	0.6521	0.6527
November	0.7105	0.6521	0.6746
December	0.7145	0.7058	0.7097