2017 GEL to BND Historical Review

YEARLY HIGH

0.5880 BND

YEARLY LOW

0.4951 BND

YEARLY AVERAGE

0.5532 BND

2017 GEL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.5880. Conversely, the yearly low was recorded on November 28, dropping to 0.4951.

This high-to-low spread represents a total annual volatility of 0.0929 BND. From a start-to-finish perspective, comparing the January average rate of 0.5300 to the December average rate of 0.5133, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5880 was down 8.80% compared to the 2016 peak of 0.6447, 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 2,940 BND

2016 Average 2,926 BND

Yearly Trough Low 2,476 BND

Transaction Impact: A difference of 464.29 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5866

0.5066

JanuMarcMayJulySeptNove

GEL to BND 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 0.5609, compared to 0.5454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.5609

H2 Avg (Jul–Dec) 0.5454

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0524 BND (High: 0.5475 / Low: 0.4951). On the other end, June was the most stable month, with a tight range of 0.0095 BND (High: 0.5780 / Low: 0.5685).

November Spread (Volatile) ±0.0524

June Spread (Stable) ±0.0095

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 0.0212 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.5799) against the same month in 2016 (average: 0.5984), the exchange rate shifted by -0.0185 (-3.09%).

2017 Avg (April) 0.5799

2016 Avg (April) 0.5984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5478	0.5207	0.5300
February	0.5473	0.5227	0.5369
March	0.5782	0.5639	0.5699
April	0.5880	0.5658	0.5799
May	0.5806	0.5700	0.5751
June	0.5780	0.5685	0.5738
July	0.5790	0.5653	0.5718
August	0.5720	0.5585	0.5675
September	0.5580	0.5419	0.5473
October	0.5530	0.5353	0.5469
November	0.5475	0.4951	0.5257
December	0.5322	0.4972	0.5133