YEARLY HIGH
0.1583 BHD
YEARLY LOW
0.1369 BHD
YEARLY AVERAGE
0.1511 BHD

2017 GEL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.1583. Conversely, the yearly low was recorded on January 8, dropping to 0.1369.

This high-to-low spread represents a total annual volatility of 0.0215 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1398 to the December average rate of 0.1438, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1583 was down 10.83% compared to the 2016 peak of 0.1775, 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 792 BHD
2016 Average 800 BHD
Yearly Trough Low 684 BHD
Transaction Impact: A difference of 107.25 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1591
0.1380
JanuMarcMayJulySeptNove

GEL to BHD 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 0.1507, compared to 0.1516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1507
H2 Avg (Jul–Dec) 0.1516

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0132 BHD (High: 0.1521 / Low: 0.1389). On the other end, July was the most stable month, with a tight range of 0.0010 BHD (High: 0.1577 / Low: 0.1567).

November Spread (Volatile) ±0.0132
July Spread (Stable) ±0.0010

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 0.0053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.1562) against the same month in 2016 (average: 0.1671), the exchange rate shifted by -0.0109 (-6.50%).

2017 Avg (April) 0.1562
2016 Avg (April) 0.1671

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1423 0.1369 0.1398
February 0.1475 0.1398 0.1432
March 0.1551 0.1512 0.1529
April 0.1583 0.1526 0.1562
May 0.1568 0.1545 0.1555
June 0.1570 0.1556 0.1564
July 0.1577 0.1567 0.1573
August 0.1581 0.1552 0.1573
September 0.1548 0.1520 0.1529
October 0.1535 0.1482 0.1516
November 0.1521 0.1389 0.1464
December 0.1490 0.1391 0.1438