2017 GEL to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 34.6136. Conversely, the yearly low was recorded on January 5, dropping to 28.6269.
This high-to-low spread represents a total annual volatility of 5.9867 BDT. From a start-to-finish perspective, comparing the January average rate of 29.3930 to the December average rate of 31.5543, the exchange rate registered a net change of 7.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 34.6136 was down 6.34% compared to the 2016 peak of 36.9569, 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 BDT 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 32.1588, compared to 32.9121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7533 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 3.7412 BDT (High: 33.7616 / Low: 30.0203). On the other end, June was the most stable month, with a tight range of 0.4864 BDT (High: 33.6208 / Low: 33.1344).
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 October and November, when the average rate fell by 0.8021 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 33.8172) against the same month in 2016 (average: 34.7410), the exchange rate shifted by -0.9238 (-2.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.9900 | 28.6269 | 29.3930 |
| February | 31.1922 | 29.4782 | 30.3418 |
| March | 33.0895 | 31.8674 | 32.4987 |
| April | 34.6136 | 32.9491 | 33.8172 |
| May | 34.0086 | 33.2190 | 33.4482 |
| June | 33.6208 | 33.1344 | 33.4542 |
| July | 34.1890 | 33.2605 | 33.7160 |
| August | 34.2252 | 33.0650 | 33.7683 |
| September | 33.7374 | 32.5841 | 33.1122 |
| October | 33.5354 | 32.5975 | 33.0621 |
| November | 33.7616 | 30.0203 | 32.2599 |
| December | 32.8494 | 30.3895 | 31.5543 |