YEARLY HIGH
3.2266 GEL
YEARLY LOW
2.5261 GEL
YEARLY AVERAGE
2.8238 GEL

2017 EUR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 3.2266. Conversely, the yearly low was recorded on April 15, dropping to 2.5261.

This high-to-low spread represents a total annual volatility of 0.7006 GEL. From a start-to-finish perspective, comparing the January average rate of 2.8680 to the December average rate of 3.1075, the exchange rate registered a net change of 8.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.2266 was up 10.53% compared to the 2016 peak of 2.9193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,133 GEL
2016 Average 13,071 GEL
Yearly Trough Low 12,630 GEL
Transaction Impact: A difference of 3,502.78 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.1597
2.5336
JanuMarcMayJulySeptNove

EUR 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 2.7140, compared to 2.9335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2195 points.

H1 Avg (Jan–Jun) 2.7140
H2 Avg (Jul–Dec) 2.9335

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.3113 GEL (High: 3.2266 / Low: 2.9153). On the other end, October was the most stable month, with a tight range of 0.0678 GEL (High: 2.9658 / Low: 2.8980).

November Spread (Volatile) ±0.3113
October Spread (Stable) ±0.0678

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 0.1655 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 3.0323) against the same month in 2016 (average: 2.6657), the exchange rate shifted by +0.3667 (+13.75%).

2017 Avg (November) 3.0323
2016 Avg (November) 2.6657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9131 2.7606 2.8680
February 2.9042 2.7011 2.8032
March 2.6768 2.5853 2.6377
April 2.6955 2.5261 2.5858
May 2.7156 2.6447 2.6819
June 2.7530 2.6789 2.7076
July 2.8323 2.7200 2.7657
August 2.8943 2.8001 2.8342
September 2.9649 2.8899 2.9378
October 2.9658 2.8980 2.9238
November 3.2266 2.9153 3.0323
December 3.2235 2.9985 3.1075