2018 WST to GEL Historical Review

YEARLY HIGH

1.0332 GEL

YEARLY LOW

0.9302 GEL

YEARLY AVERAGE

0.9679 GEL

2018 WST to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the WST to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.0332. Conversely, the yearly low was recorded on October 6, dropping to 0.9302.

This high-to-low spread represents a total annual volatility of 0.1030 GEL. From a start-to-finish perspective, comparing the January average rate of 1.0170 to the December average rate of 1.0209, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0332 was down 3.52% compared to the 2017 peak of 1.0709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,166 GEL

2017 Average 4,940 GEL

Yearly Trough Low 4,651 GEL

Transaction Impact: A difference of 514.88 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0296

0.9256

JanuMarcMayJulySeptNove

WST 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 0.9738, compared to 0.9621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.9738

H2 Avg (Jul–Dec) 0.9621

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0938 GEL (High: 1.0253 / Low: 0.9315). On the other end, July was the most stable month, with a tight range of 0.0056 GEL (High: 0.9474 / Low: 0.9418).

November Spread (Volatile) ±0.0938

July Spread (Stable) ±0.0056

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 0.0320 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.0170) against the same month in 2017 (average: 1.0517), the exchange rate shifted by -0.0347 (-3.30%).

2018 Avg (January) 1.0170

2017 Avg (January) 1.0517

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0332	0.9914	1.0170
February	0.9980	0.9669	0.9850
March	0.9807	0.9594	0.9681
April	0.9720	0.9493	0.9614
May	0.9637	0.9425	0.9554
June	0.9627	0.9466	0.9555
July	0.9474	0.9418	0.9448
August	0.9591	0.9453	0.9534
September	0.9608	0.9453	0.9490
October	0.9453	0.9302	0.9343
November	1.0253	0.9315	0.9703
December	1.0275	1.0157	1.0209