2017 BAM to GEL Historical Review

YEARLY HIGH

1.6510 GEL

YEARLY LOW

1.2915 GEL

YEARLY AVERAGE

1.4433 GEL

2017 BAM to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BAM to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1.6510. Conversely, the yearly low was recorded on April 14, dropping to 1.2915.

This high-to-low spread represents a total annual volatility of 0.3595 GEL. From a start-to-finish perspective, comparing the January average rate of 1.4658 to the December average rate of 1.5887, the exchange rate registered a net change of 8.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6510 was up 10.60% compared to the 2016 peak of 1.4927, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,255 GEL

2016 Average 6,682 GEL

Yearly Trough Low 6,458 GEL

Transaction Impact: A difference of 1,797.27 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6155

1.2943

JanuMarcMayJulySeptNove

BAM 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 1.3872, compared to 1.4995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1123 points.

H1 Avg (Jan–Jun) 1.3872

H2 Avg (Jul–Dec) 1.4995

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1613 GEL (High: 1.6510 / Low: 1.4896). On the other end, October was the most stable month, with a tight range of 0.0344 GEL (High: 1.5160 / Low: 1.4816).

November Spread (Volatile) ±0.1613

October Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0864 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.5494) against the same month in 2016 (average: 1.3630), the exchange rate shifted by +0.1865 (+13.68%).

2017 Avg (November) 1.5494

2016 Avg (November) 1.3630

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4869	1.4098	1.4658
February	1.4896	1.3860	1.4342
March	1.3645	1.3215	1.3478
April	1.3778	1.2915	1.3211
May	1.3882	1.3446	1.3708
June	1.4077	1.3693	1.3834
July	1.4404	1.3905	1.4128
August	1.4800	1.4327	1.4481
September	1.5186	1.4775	1.5024
October	1.5160	1.4816	1.4953
November	1.6510	1.4896	1.5494
December	1.6488	1.5334	1.5887