YEARLY HIGH
2.9474 BOB
YEARLY LOW
2.5075 BOB
YEARLY AVERAGE
2.7802 BOB

2017 GEL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 2.9474. Conversely, the yearly low was recorded on January 9, dropping to 2.5075.

This high-to-low spread represents a total annual volatility of 0.4398 BOB. From a start-to-finish perspective, comparing the January average rate of 2.5654 to the December average rate of 2.6360, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9474 was down 8.94% compared to the 2016 peak of 3.2366, 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 14,737 BOB
2016 Average 14,634 BOB
Yearly Trough Low 12,538 BOB
Transaction Impact: A difference of 2,199.14 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9373
2.5316
JanuMarcMayJulySeptNove

GEL to BOB 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 2.7699, compared to 2.7905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 2.7699
H2 Avg (Jul–Dec) 2.7905

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2657 BOB (High: 2.8219 / Low: 2.5562). On the other end, July was the most stable month, with a tight range of 0.0382 BOB (High: 2.9154 / Low: 2.8772).

November Spread (Volatile) ±0.2657
July Spread (Stable) ±0.0382

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 0.0870 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.9035) against the same month in 2016 (average: 2.9856), the exchange rate shifted by -0.0821 (-2.75%).

2017 Avg (August) 2.9035
2016 Avg (August) 2.9856

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6140 2.5075 2.5654
February 2.7120 2.5568 2.6280
March 2.8552 2.7527 2.8079
April 2.9186 2.8014 2.8750
May 2.9043 2.8370 2.8641
June 2.8942 2.8498 2.8787
July 2.9154 2.8772 2.8996
August 2.9474 2.8580 2.9035
September 2.8759 2.7977 2.8316
October 2.8377 2.7185 2.7796
November 2.8219 2.5562 2.6926
December 2.7292 2.5502 2.6360