YEARLY HIGH
7.3066 GEL
YEARLY LOW
6.3166 GEL
YEARLY AVERAGE
6.6297 GEL

2017 BHD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BHD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 7.3066. Conversely, the yearly low was recorded on April 14, dropping to 6.3166.

This high-to-low spread represents a total annual volatility of 0.9900 GEL. From a start-to-finish perspective, comparing the January average rate of 7.1549 to the December average rate of 6.9597, 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 7.3066 was down 1.64% compared to the 2016 peak of 7.4282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,533 GEL
2016 Average 31,356 GEL
Yearly Trough Low 31,583 GEL
Transaction Impact: A difference of 4,949.94 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7.2348
6.2765
JanuMarcMayJulySeptNove

BHD 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 6.6512, compared to 6.6081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 6.6512
H2 Avg (Jul–Dec) 6.6081

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.6256 GEL (High: 7.2011 / Low: 6.5755). On the other end, July was the most stable month, with a tight range of 0.0422 GEL (High: 6.3836 / Low: 6.3414).

November Spread (Volatile) ±0.6256
July Spread (Stable) ±0.0422

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 0.4458 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 7.1549) against the same month in 2016 (average: 6.4643), the exchange rate shifted by +0.6906 (+10.68%).

2017 Avg (January) 7.1549
2016 Avg (January) 6.4643

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.3066 7.0286 7.1549
February 7.1527 6.7781 6.9869
March 6.6149 6.4492 6.5411
April 6.5547 6.3166 6.4009
May 6.4715 6.3764 6.4317
June 6.4284 6.3687 6.3919
July 6.3836 6.3414 6.3564
August 6.4428 6.3269 6.3584
September 6.5786 6.4604 6.5391
October 6.7492 6.5143 6.5947
November 7.2011 6.5755 6.8401
December 7.1899 6.7102 6.9597