2017 GEL to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 7.4274. Conversely, the yearly low was recorded on January 8, dropping to 5.7426.
This high-to-low spread represents a total annual volatility of 1.6848 ARS. From a start-to-finish perspective, comparing the January average rate of 5.8909 to the December average rate of 6.7636, the exchange rate registered a net change of 14.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 7.4274 was up 12.99% compared to the 2016 peak of 6.5736, 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 ARS 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 6.2684, compared to 6.9961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7277 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 1.0336 ARS (High: 7.3828 / Low: 6.3492). On the other end, October was the most stable month, with a tight range of 0.1731 ARS (High: 7.1021 / Low: 6.9290).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2773 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 7.1607) against the same month in 2016 (average: 6.3643), the exchange rate shifted by +0.7964 (+12.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.0151 | 5.7426 | 5.8909 |
| February | 6.0553 | 5.8023 | 5.9126 |
| March | 6.4148 | 6.1879 | 6.2935 |
| April | 6.4819 | 6.2654 | 6.3573 |
| May | 6.6970 | 6.2637 | 6.4786 |
| June | 6.9109 | 6.5844 | 6.6774 |
| July | 7.4274 | 6.8455 | 7.1607 |
| August | 7.4175 | 7.0654 | 7.2665 |
| September | 7.1219 | 6.8869 | 6.9892 |
| October | 7.1021 | 6.9290 | 7.0151 |
| November | 7.0703 | 6.3801 | 6.7816 |
| December | 7.3828 | 6.3492 | 6.7636 |