2017 GEL to BTN Historical Review

YEARLY HIGH

27.1950 BTN

YEARLY LOW

23.6567 BTN

YEARLY AVERAGE

26.0647 BTN

2017 GEL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 27.1950. Conversely, the yearly low was recorded on November 30, dropping to 23.6567.

This high-to-low spread represents a total annual volatility of 3.5383 BTN. From a start-to-finish perspective, comparing the January average rate of 25.2450 to the December average rate of 24.4952, the exchange rate registered a net change of -2.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 27.1950 was down 13.72% compared to the 2016 peak of 31.5197, 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 135,975 BTN

2016 Average 142,475 BTN

Yearly Trough Low 118,283 BTN

Transaction Impact: A difference of 17,691.49 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

27.1304

24.2557

JanuMarcMayJulySeptNove

GEL to BTN 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 26.2512, compared to 25.8782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3729 points.

H1 Avg (Jan–Jun) 26.2512

H2 Avg (Jul–Dec) 25.8782

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 2.6332 BTN (High: 26.2899 / Low: 23.6567). On the other end, July was the most stable month, with a tight range of 0.2624 BTN (High: 27.0331 / Low: 26.7707).

November Spread (Volatile) ±2.6332

July Spread (Stable) ±0.2624

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 1.0147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 26.7422) against the same month in 2016 (average: 28.2068), the exchange rate shifted by -1.4646 (-5.19%).

2017 Avg (March) 26.7422

2016 Avg (March) 28.2068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.6920	24.6795	25.2450
February	26.1294	25.0328	25.4646
March	27.1950	26.3547	26.7422
April	27.1291	25.9948	26.7553
May	26.8794	26.3232	26.5699
June	26.8491	26.5841	26.7299
July	27.0331	26.7707	26.8908
August	26.8378	24.4609	26.4536
September	26.4887	25.8257	26.1155
October	26.4928	25.4715	26.1645
November	26.2899	23.6567	25.1498
December	25.2960	23.7721	24.4952