2017 BZD to GEL Historical Review

YEARLY HIGH

1.3750 GEL

YEARLY LOW

1.1764 GEL

YEARLY AVERAGE

1.2431 GEL

2017 BZD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BZD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.3750. Conversely, the yearly low was recorded on August 6, dropping to 1.1764.

This high-to-low spread represents a total annual volatility of 0.1986 GEL. From a start-to-finish perspective, comparing the January average rate of 1.3421 to the December average rate of 1.3053, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3750 was down 1.49% compared to the 2016 peak of 1.3958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,875 GEL

2016 Average 5,914 GEL

Yearly Trough Low 5,882 GEL

Transaction Impact: A difference of 993.05 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3573

1.1756

JanuMarcMayJulySeptNove

BZD 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 1.2479, compared to 1.2384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 1.2479

H2 Avg (Jul–Dec) 1.2384

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1237 GEL (High: 1.3557 / Low: 1.2319). On the other end, July was the most stable month, with a tight range of 0.0163 GEL (High: 1.2027 / Low: 1.1865).

November Spread (Volatile) ±0.1237

July Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0824 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.3421) against the same month in 2016 (average: 1.2210), the exchange rate shifted by +0.1211 (+9.92%).

2017 Avg (January) 1.3421

2016 Avg (January) 1.2210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3750	1.3159	1.3421
February	1.3445	1.2713	1.3104
March	1.2525	1.2076	1.2280
April	1.2307	1.1813	1.1993
May	1.2188	1.1974	1.2068
June	1.2133	1.1947	1.2004
July	1.2027	1.1865	1.1921
August	1.2108	1.1764	1.1907
September	1.2323	1.2032	1.2221
October	1.2674	1.2176	1.2355
November	1.3557	1.2319	1.2844
December	1.3481	1.2597	1.3053