2017 ARS to GEL Historical Review

YEARLY HIGH

0.1741 GEL

YEARLY LOW

0.1346 GEL

YEARLY AVERAGE

0.1515 GEL

2017 ARS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ARS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1741. Conversely, the yearly low was recorded on July 28, dropping to 0.1346.

This high-to-low spread represents a total annual volatility of 0.0395 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1698 to the December average rate of 0.1482, the exchange rate registered a net change of -12.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1741 was down 6.00% compared to the 2016 peak of 0.1853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 871 GEL

2016 Average 801 GEL

Yearly Trough Low 673 GEL

Transaction Impact: A difference of 197.51 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1730

0.1344

JanuMarcMayJulySeptNove

ARS 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 0.1599, compared to 0.1431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.1599

H2 Avg (Jul–Dec) 0.1431

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0220 GEL (High: 0.1575 / Low: 0.1354). On the other end, October was the most stable month, with a tight range of 0.0035 GEL (High: 0.1443 / Low: 0.1408).

December Spread (Volatile) ±0.0220

October Spread (Stable) ±0.0035

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 February and March, when the average rate fell by 0.0102 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1698) against the same month in 2016 (average: 0.1797), the exchange rate shifted by -0.0099 (-5.52%).

2017 Avg (January) 0.1698

2016 Avg (January) 0.1797

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1741	0.1662	0.1698
February	0.1723	0.1651	0.1692
March	0.1616	0.1559	0.1589
April	0.1596	0.1543	0.1573
May	0.1596	0.1493	0.1544
June	0.1519	0.1447	0.1498
July	0.1461	0.1346	0.1397
August	0.1415	0.1348	0.1376
September	0.1452	0.1404	0.1431
October	0.1443	0.1408	0.1426
November	0.1567	0.1414	0.1477
December	0.1575	0.1354	0.1482