YEARLY HIGH
0.1668 GEL
YEARLY LOW
0.1310 GEL
YEARLY AVERAGE
0.1404 GEL

2017 EGP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.1668. Conversely, the yearly low was recorded on April 14, dropping to 0.1310.

This high-to-low spread represents a total annual volatility of 0.0358 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1449 to the December average rate of 0.1473, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1668 was down 47.69% compared to the 2016 peak of 0.3190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 834 GEL
2016 Average 1,257 GEL
Yearly Trough Low 655 GEL
Transaction Impact: A difference of 179.22 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1579
0.1309
JanuMarcMayJulySeptNove

EGP 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 0.1402, compared to 0.1405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1402
H2 Avg (Jul–Dec) 0.1405

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0246 GEL (High: 0.1668 / Low: 0.1423). On the other end, June was the most stable month, with a tight range of 0.0022 GEL (High: 0.1347 / Low: 0.1325).

February Spread (Volatile) ±0.0246
June Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0156 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.1557) against the same month in 2016 (average: 0.3170), the exchange rate shifted by -0.1613 (-50.89%).

2017 Avg (February) 0.1557
2016 Avg (February) 0.3170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1531 0.1407 0.1449
February 0.1668 0.1423 0.1557
March 0.1538 0.1338 0.1401
April 0.1373 0.1310 0.1335
May 0.1350 0.1328 0.1340
June 0.1347 0.1325 0.1331
July 0.1347 0.1321 0.1338
August 0.1377 0.1340 0.1351
September 0.1407 0.1381 0.1397
October 0.1442 0.1398 0.1410
November 0.1535 0.1401 0.1461
December 0.1534 0.1416 0.1473