YEARLY HIGH
0.8403 BBD
YEARLY LOW
0.7244 BBD
YEARLY AVERAGE
0.8014 BBD

2017 GEL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.8403. Conversely, the yearly low was recorded on January 9, dropping to 0.7244.

This high-to-low spread represents a total annual volatility of 0.1159 BBD. From a start-to-finish perspective, comparing the January average rate of 0.7417 to the December average rate of 0.7626, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8403 was down 10.78% compared to the 2016 peak of 0.9418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,201 BBD
2016 Average 4,243 BBD
Yearly Trough Low 3,622 BBD
Transaction Impact: A difference of 579.28 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8435
0.7325
JanuMarcMayJulySeptNove

GEL to BBD 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 0.7993, compared to 0.8036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.7993
H2 Avg (Jul–Dec) 0.8036

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0694 BBD (High: 0.8055 / Low: 0.7361). On the other end, July was the most stable month, with a tight range of 0.0054 BBD (High: 0.8361 / Low: 0.8308).

November Spread (Volatile) ±0.0694
July Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0282 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.8290) against the same month in 2016 (average: 0.8865), the exchange rate shifted by -0.0575 (-6.49%).

2017 Avg (April) 0.8290
2016 Avg (April) 0.8865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7581 0.7244 0.7417
February 0.7826 0.7406 0.7593
March 0.8220 0.8020 0.8111
April 0.8403 0.8094 0.8290
May 0.8321 0.8196 0.8249
June 0.8324 0.8248 0.8296
July 0.8361 0.8308 0.8342
August 0.8382 0.8234 0.8342
September 0.8209 0.8062 0.8111
October 0.8099 0.7858 0.8039
November 0.8055 0.7361 0.7756
December 0.7906 0.7379 0.7626