2017 GEL to BGN Historical Review

YEARLY HIGH

0.7745 BGN

YEARLY LOW

0.6061 BGN

YEARLY AVERAGE

0.6949 BGN

2017 GEL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.7745. Conversely, the yearly low was recorded on December 1, dropping to 0.6061.

This high-to-low spread represents a total annual volatility of 0.1685 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6823 to the December average rate of 0.6296, the exchange rate registered a net change of -7.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7745 was down 5.72% compared to the 2016 peak of 0.8215, 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 3,873 BGN

2016 Average 3,747 BGN

Yearly Trough Low 3,030 BGN

Transaction Impact: A difference of 842.26 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7699

0.6169

JanuMarcMayJulySeptNove

GEL to BGN 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 0.7218, compared to 0.6680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0539 points.

H1 Avg (Jan–Jun) 0.7218

H2 Avg (Jul–Dec) 0.6680

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0647 BGN (High: 0.6711 / Low: 0.6064). On the other end, October was the most stable month, with a tight range of 0.0151 BGN (High: 0.6751 / Low: 0.6600).

November Spread (Volatile) ±0.0647

October Spread (Stable) ±0.0151

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 April and May, when the average rate fell by 0.0278 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.7571) against the same month in 2016 (average: 0.7647), the exchange rate shifted by -0.0076 (-0.99%).

2017 Avg (April) 0.7571

2016 Avg (April) 0.7647

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7091	0.6719	0.6823
February	0.7238	0.6730	0.6980
March	0.7567	0.7307	0.7419
April	0.7745	0.7259	0.7571
May	0.7400	0.7202	0.7293
June	0.7302	0.7104	0.7224
July	0.7189	0.6895	0.7073
August	0.6982	0.6765	0.6901
September	0.6769	0.6588	0.6657
October	0.6751	0.6600	0.6690
November	0.6711	0.6064	0.6460
December	0.6522	0.6061	0.6296