2017 AFN to GEL Historical Review

YEARLY HIGH

0.0414 GEL

YEARLY LOW

0.0347 GEL

YEARLY AVERAGE

0.0368 GEL

2017 AFN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0414. Conversely, the yearly low was recorded on August 22, dropping to 0.0347.

This high-to-low spread represents a total annual volatility of 0.0067 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0404 to the December average rate of 0.0379, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0414 was down 2.03% compared to the 2016 peak of 0.0422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 207 GEL

2016 Average 175 GEL

Yearly Trough Low 174 GEL

Transaction Impact: A difference of 33.44 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0410

0.0345

JanuMarcMayJulySeptNove

AFN 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 0.0373, compared to 0.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0373

H2 Avg (Jul–Dec) 0.0363

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0035 GEL (High: 0.0396 / Low: 0.0361). On the other end, June was the most stable month, with a tight range of 0.0004 GEL (High: 0.0357 / Low: 0.0352).

November Spread (Volatile) ±0.0035

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0404) against the same month in 2016 (average: 0.0355), the exchange rate shifted by +0.0049 (+13.79%).

2017 Avg (January) 0.0404

2016 Avg (January) 0.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0414	0.0396	0.0404
February	0.0404	0.0383	0.0394
March	0.0376	0.0365	0.0370
April	0.0366	0.0352	0.0358
May	0.0362	0.0352	0.0357
June	0.0357	0.0352	0.0354
July	0.0354	0.0349	0.0351
August	0.0357	0.0347	0.0350
September	0.0363	0.0356	0.0360
October	0.0371	0.0361	0.0364
November	0.0396	0.0361	0.0376
December	0.0394	0.0364	0.0379