2017 CVE to GEL Historical Review

YEARLY HIGH

0.0292 GEL

YEARLY LOW

0.0229 GEL

YEARLY AVERAGE

0.0255 GEL

2017 CVE to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0292. Conversely, the yearly low was recorded on April 13, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0064 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0260 to the December average rate of 0.0281, the exchange rate registered a net change of 8.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0292 was up 10.80% compared to the 2016 peak of 0.0264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146 GEL

2016 Average 119 GEL

Yearly Trough Low 114 GEL

Transaction Impact: A difference of 31.80 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0286

0.0229

JanuMarcMayJulySeptNove

CVE 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 0.0245, compared to 0.0265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0245

H2 Avg (Jul–Dec) 0.0265

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0029 GEL (High: 0.0292 / Low: 0.0264). On the other end, October was the most stable month, with a tight range of 0.0006 GEL (High: 0.0268 / Low: 0.0262).

November Spread (Volatile) ±0.0029

October Spread (Stable) ±0.0006

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 0.0015 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0274) against the same month in 2016 (average: 0.0242), the exchange rate shifted by +0.0032 (+13.15%).

2017 Avg (November) 0.0274

2016 Avg (November) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0264	0.0252	0.0260
February	0.0263	0.0244	0.0253
March	0.0242	0.0234	0.0238
April	0.0243	0.0229	0.0234
May	0.0246	0.0238	0.0242
June	0.0249	0.0242	0.0245
July	0.0256	0.0245	0.0250
August	0.0263	0.0254	0.0256
September	0.0268	0.0261	0.0266
October	0.0268	0.0262	0.0265
November	0.0292	0.0264	0.0274
December	0.0292	0.0271	0.0281