2017 AOA to GEL Historical Review

YEARLY HIGH

0.0166 GEL

YEARLY LOW

0.0143 GEL

YEARLY AVERAGE

0.0151 GEL

2017 AOA to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AOA to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0166. Conversely, the yearly low was recorded on April 17, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0023 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0158, the exchange rate registered a net change of -2.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0166 was down 7.03% compared to the 2016 peak of 0.0179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83 GEL

2016 Average 73 GEL

Yearly Trough Low 72 GEL

Transaction Impact: A difference of 11.27 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0164

0.0143

JanuMarcMayJulySeptNove

AOA 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 0.0151, compared to 0.0150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0151

H2 Avg (Jul–Dec) 0.0150

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0014 GEL (High: 0.0164 / Low: 0.0150). On the other end, July was the most stable month, with a tight range of 0.0001 GEL (High: 0.0145 / Low: 0.0144).

November Spread (Volatile) ±0.0014

July Spread (Stable) ±0.0001

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 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0163) against the same month in 2016 (average: 0.0164), the exchange rate shifted by -0.0002 (-0.93%).

2017 Avg (January) 0.0163

2016 Avg (January) 0.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0166	0.0160	0.0163
February	0.0163	0.0154	0.0159
March	0.0150	0.0147	0.0149
April	0.0149	0.0143	0.0145
May	0.0147	0.0145	0.0146
June	0.0146	0.0145	0.0145
July	0.0145	0.0144	0.0145
August	0.0146	0.0144	0.0145
September	0.0150	0.0147	0.0149
October	0.0153	0.0149	0.0150
November	0.0164	0.0150	0.0156
December	0.0163	0.0152	0.0158