2017 BND to GEL Historical Review

YEARLY HIGH

2.0197 GEL

YEARLY LOW

1.7008 GEL

YEARLY AVERAGE

1.8111 GEL

2017 BND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 2.0197. Conversely, the yearly low was recorded on April 14, dropping to 1.7008.

This high-to-low spread represents a total annual volatility of 0.3190 GEL. From a start-to-finish perspective, comparing the January average rate of 1.8872 to the December average rate of 1.9494, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0197 was up 4.12% compared to the 2016 peak of 1.9399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,099 GEL

2016 Average 8,558 GEL

Yearly Trough Low 8,504 GEL

Transaction Impact: A difference of 1,594.86 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9718

1.7022

JanuMarcMayJulySeptNove

BND 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 1.7852, compared to 1.8369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0517 points.

H1 Avg (Jan–Jun) 1.7852

H2 Avg (Jul–Dec) 1.8369

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1934 GEL (High: 2.0197 / Low: 1.8264). On the other end, June was the most stable month, with a tight range of 0.0288 GEL (High: 1.7590 / Low: 1.7302).

November Spread (Volatile) ±0.1934

June Spread (Stable) ±0.0288

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1080 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.9049) against the same month in 2016 (average: 1.7519), the exchange rate shifted by +0.1530 (+8.73%).

2017 Avg (November) 1.9049

2016 Avg (November) 1.7519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9204	1.8254	1.8872
February	1.9132	1.8271	1.8629
March	1.7733	1.7294	1.7549
April	1.7674	1.7008	1.7247
May	1.7545	1.7223	1.7389
June	1.7590	1.7302	1.7427
July	1.7689	1.7270	1.7489
August	1.7906	1.7482	1.7622
September	1.8454	1.7922	1.8274
October	1.8680	1.8083	1.8286
November	2.0197	1.8264	1.9049
December	2.0112	1.8790	1.9494