2017 GEL to BYR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to BYR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 8413.5423. Conversely, the yearly low was recorded on January 9, dropping to 0.3639.
This high-to-low spread represents a total annual volatility of 8413.1784 BYR. From a start-to-finish perspective, comparing the January average rate of 5753.9754 to the December average rate of 0.3813, the exchange rate registered a net change of -99.99% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 8413.5423 was down 10.16% compared to the 2016 peak of 9364.8507, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GEL to BYR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4818.0271, compared to 0.4018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4817.6253 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 8278.2111 BYR (High: 8278.6214 / Low: 0.4103). On the other end, July was the most stable month, with a tight range of 0.0027 BYR (High: 0.4181 / Low: 0.4154).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4852.6726 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 8300.7250) against the same month in 2016 (average: 8803.7697), the exchange rate shifted by -503.0446 (-5.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7557.3036 | 0.3639 | 5753.9754 |
| February | 7836.1550 | 0.3719 | 3283.4641 |
| March | 8230.5520 | 8030.9307 | 8121.5309 |
| April | 8413.5423 | 8104.4467 | 8300.7250 |
| May | 8278.6214 | 0.4103 | 3448.0524 |
| June | 0.4162 | 0.4124 | 0.4148 |
| July | 0.4181 | 0.4154 | 0.4171 |
| August | 0.4191 | 0.4117 | 0.4171 |
| September | 0.4105 | 0.4031 | 0.4056 |
| October | 0.4050 | 0.3929 | 0.4019 |
| November | 0.4028 | 0.3681 | 0.3878 |
| December | 0.3953 | 0.3689 | 0.3813 |