YEARLY HIGH
733.4581 BIF
YEARLY LOW
606.5239 BIF
YEARLY AVERAGE
690.3243 BIF

2017 GEL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 733.4581. Conversely, the yearly low was recorded on January 9, dropping to 606.5239.

This high-to-low spread represents a total annual volatility of 126.9341 BIF. From a start-to-finish perspective, comparing the January average rate of 622.9013 to the December average rate of 670.5856, the exchange rate registered a net change of 7.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 733.4581 was down 3.83% compared to the 2016 peak of 762.6883, 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 3,667,290 BIF
2016 Average 3,427,995 BIF
Yearly Trough Low 3,032,620 BIF
Transaction Impact: A difference of 634,670.67 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

735.2723
612.6858
JanuMarcMayJulySeptNove

GEL to BIF 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 679.1573, compared to 701.4912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.3339 points.

H1 Avg (Jan–Jun) 679.1573
H2 Avg (Jul–Dec) 701.4912

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 65.8555 BIF (High: 709.7245 / Low: 643.8690). On the other end, June was the most stable month, with a tight range of 10.1693 BIF (High: 718.1905 / Low: 708.0212).

November Spread (Volatile) ±65.8555
June Spread (Stable) ±10.1693

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 23.9912 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -23.9912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 725.0567) against the same month in 2016 (average: 717.3026), the exchange rate shifted by +7.7541 (+1.08%).

2017 Avg (August) 725.0567
2016 Avg (August) 717.3026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 637.7383 606.5239 622.9013
February 662.6182 624.4745 642.9750
March 705.8014 674.2599 687.8852
April 714.4619 685.4866 703.4881
May 715.2552 694.8142 702.4432
June 718.1905 708.0212 715.2510
July 724.4011 704.4883 719.5352
August 733.4581 714.9013 725.0567
September 718.3434 701.2793 708.0282
October 709.8005 688.6299 704.8663
November 709.7245 643.8690 680.8751
December 694.2833 647.5215 670.5856