2017 BBD to GEL Historical Review

YEARLY HIGH

1.3805 GEL

YEARLY LOW

1.1901 GEL

YEARLY AVERAGE

1.2500 GEL

2017 BBD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BBD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.3805. Conversely, the yearly low was recorded on April 17, dropping to 1.1901.

This high-to-low spread represents a total annual volatility of 0.1903 GEL. From a start-to-finish perspective, comparing the January average rate of 1.3485 to the December average rate of 1.3121, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3805 was down 1.34% compared to the 2016 peak of 1.3992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,902 GEL

2016 Average 5,910 GEL

Yearly Trough Low 5,951 GEL

Transaction Impact: A difference of 951.71 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3634

1.1837

JanuMarcMayJulySeptNove

BBD 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 1.2538, compared to 1.2462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 1.2538

H2 Avg (Jul–Dec) 1.2462

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1171 GEL (High: 1.3585 / Low: 1.2414). On the other end, July was the most stable month, with a tight range of 0.0077 GEL (High: 1.2037 / Low: 1.1960).

November Spread (Volatile) ±0.1171

July Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between July and December, 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 0.0842 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0842

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.3485) against the same month in 2016 (average: 1.2181), the exchange rate shifted by +0.1303 (+10.70%).

2017 Avg (January) 1.3485

2016 Avg (January) 1.2181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3805	1.3192	1.3485
February	1.3502	1.2778	1.3172
March	1.2468	1.2166	1.2330
April	1.2355	1.1901	1.2064
May	1.2200	1.2018	1.2123
June	1.2125	1.2014	1.2054
July	1.2037	1.1960	1.1987
August	1.2145	1.1930	1.1988
September	1.2404	1.2182	1.2329
October	1.2726	1.2347	1.2440
November	1.3585	1.2414	1.2907
December	1.3552	1.2648	1.3121