YEARLY HIGH
0.2141 GEL
YEARLY LOW
0.1587 GEL
YEARLY AVERAGE
0.1889 GEL

2018 ZAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.2141. Conversely, the yearly low was recorded on September 5, dropping to 0.1587.

This high-to-low spread represents a total annual volatility of 0.0554 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2098 to the December average rate of 0.1864, the exchange rate registered a net change of -11.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2141 was up 1.61% compared to the 2017 peak of 0.2108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,707 GEL
2017 Average 9,396 GEL
Yearly Trough Low 7,937 GEL
Transaction Impact: A difference of 2,770.00 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2141
0.1625
JanuMarcMayJulySeptNove

ZAR 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 0.2011, compared to 0.1767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0244 points.

H1 Avg (Jan–Jun) 0.2011
H2 Avg (Jul–Dec) 0.1767

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0254 GEL (High: 0.1945 / Low: 0.1691). On the other end, March was the most stable month, with a tight range of 0.0062 GEL (High: 0.2095 / Low: 0.2033).

November Spread (Volatile) ±0.0254
March Spread (Stable) ±0.0062

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 May and June, when the average rate fell by 0.0111 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.2098) against the same month in 2017 (average: 0.1986), the exchange rate shifted by +0.0112 (+5.65%).

2018 Avg (January) 0.2098
2017 Avg (January) 0.1986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2141 0.2073 0.2098
February 0.2136 0.2016 0.2081
March 0.2095 0.2033 0.2066
April 0.2053 0.1969 0.2015
May 0.1997 0.1914 0.1958
June 0.1953 0.1768 0.1847
July 0.1868 0.1768 0.1829
August 0.1851 0.1686 0.1758
September 0.1733 0.1587 0.1668
October 0.1733 0.1648 0.1684
November 0.1945 0.1691 0.1798
December 0.1943 0.1818 0.1864