2017 GEL to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 53.6559. Conversely, the yearly low was recorded on November 29, dropping to 41.3569.
This high-to-low spread represents a total annual volatility of 12.2990 ALL. From a start-to-finish perspective, comparing the January average rate of 47.5573 to the December average rate of 42.9175, the exchange rate registered a net change of -9.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 53.6559 was down 7.46% compared to the 2016 peak of 57.9841, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GEL to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 49.8403, compared to 45.5036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3367 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 4.5454 ALL (High: 45.9023 / Low: 41.3569). On the other end, October was the most stable month, with a tight range of 1.1896 ALL (High: 46.1842 / Low: 44.9947).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.2624 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 52.4180) against the same month in 2016 (average: 54.2091), the exchange rate shifted by -1.7911 (-3.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.4964 | 46.7142 | 47.5573 |
| February | 50.1150 | 46.8218 | 48.3905 |
| March | 52.4734 | 50.6641 | 51.3373 |
| April | 53.6559 | 50.1652 | 52.4180 |
| May | 50.8914 | 49.4413 | 50.1557 |
| June | 49.6514 | 48.2012 | 49.1831 |
| July | 48.7342 | 47.1598 | 47.9823 |
| August | 47.2445 | 45.9282 | 46.7690 |
| September | 46.2381 | 45.0475 | 45.4957 |
| October | 46.1842 | 44.9947 | 45.7400 |
| November | 45.9023 | 41.3569 | 44.1170 |
| December | 44.3958 | 41.4540 | 42.9175 |