YEARLY HIGH
0.6925 GEL
YEARLY LOW
0.3520 GEL
YEARLY AVERAGE
0.5299 GEL

2018 TRY to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.6925. Conversely, the yearly low was recorded on August 13, dropping to 0.3520.

This high-to-low spread represents a total annual volatility of 0.3405 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6783 to the December average rate of 0.5014, the exchange rate registered a net change of -26.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6925 was down 9.01% compared to the 2017 peak of 0.7611, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 34,626 GEL
2017 Average 34,281 GEL
Yearly Trough Low 17,601 GEL
Transaction Impact: A difference of 17,025.79 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7072
0.3604
JanuMarcMayJulySeptNove

TRY 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 0.6070, compared to 0.4528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1542 points.

H1 Avg (Jan–Jun) 0.6070
H2 Avg (Jul–Dec) 0.4528

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1392 GEL (High: 0.4912 / Low: 0.3520). On the other end, December was the most stable month, with a tight range of 0.0191 GEL (High: 0.5120 / Low: 0.4929).

August Spread (Volatile) ±0.1392
December Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0941 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.6783) against the same month in 2017 (average: 0.7213), the exchange rate shifted by -0.0430 (-5.97%).

2018 Avg (January) 0.6783
2017 Avg (January) 0.7213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6925 0.6572 0.6783
February 0.6638 0.6392 0.6498
March 0.6472 0.6075 0.6287
April 0.6144 0.5854 0.6002
May 0.5971 0.5192 0.5549
June 0.5475 0.5173 0.5303
July 0.5357 0.4976 0.5132
August 0.4912 0.3520 0.4190
September 0.4072 0.3711 0.3893
October 0.4472 0.3955 0.4216
November 0.5143 0.4429 0.4725
December 0.5120 0.4929 0.5014