2017 GEL to BZD Historical Review

YEARLY HIGH

0.8501 BZD

YEARLY LOW

0.7273 BZD

YEARLY AVERAGE

0.8059 BZD

2017 GEL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.8501. Conversely, the yearly low was recorded on January 9, dropping to 0.7273.

This high-to-low spread represents a total annual volatility of 0.1228 BZD. From a start-to-finish perspective, comparing the January average rate of 0.7452 to the December average rate of 0.7666, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8501 was down 9.63% compared to the 2016 peak of 0.9406, 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 4,250 BZD

2016 Average 4,241 BZD

Yearly Trough Low 3,636 BZD

Transaction Impact: A difference of 613.93 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8493

0.7357

JanuMarcMayJulySeptNove

GEL to BZD 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 0.8031, compared to 0.8087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.8031

H2 Avg (Jul–Dec) 0.8087

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0741 BZD (High: 0.8117 / Low: 0.7377). On the other end, July was the most stable month, with a tight range of 0.0114 BZD (High: 0.8428 / Low: 0.8314).

November Spread (Volatile) ±0.0741

July Spread (Stable) ±0.0114

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 0.0300 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.8399) against the same month in 2016 (average: 0.8625), the exchange rate shifted by -0.0227 (-2.63%).

2017 Avg (August) 0.8399

2016 Avg (August) 0.8625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7599	0.7273	0.7452
February	0.7866	0.7437	0.7633
March	0.8281	0.7984	0.8144
April	0.8465	0.8126	0.8339
May	0.8352	0.8205	0.8287
June	0.8370	0.8242	0.8330
July	0.8428	0.8314	0.8388
August	0.8501	0.8259	0.8399
September	0.8311	0.8115	0.8183
October	0.8213	0.7890	0.8095
November	0.8117	0.7377	0.7794
December	0.7938	0.7418	0.7666