YEARLY HIGH
0.5669 CAD
YEARLY LOW
0.4682 CAD
YEARLY AVERAGE
0.5201 CAD

2017 GEL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.5669. Conversely, the yearly low was recorded on December 2, dropping to 0.4682.

This high-to-low spread represents a total annual volatility of 0.0987 CAD. From a start-to-finish perspective, comparing the January average rate of 0.4899 to the December average rate of 0.4864, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5669 was down 7.36% compared to the 2016 peak of 0.6120, 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 2,835 CAD
2016 Average 2,809 CAD
Yearly Trough Low 2,341 CAD
Transaction Impact: A difference of 493.75 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5682
0.4790
JanuMarcMayJulySeptNove

GEL to CAD 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 0.5334, compared to 0.5069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0264 points.

H1 Avg (Jan–Jun) 0.5334
H2 Avg (Jul–Dec) 0.5069

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0467 CAD (High: 0.5158 / Low: 0.4691). On the other end, October was the most stable month, with a tight range of 0.0112 CAD (High: 0.5134 / Low: 0.5021).

November Spread (Volatile) ±0.0467
October Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0271 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.5607) against the same month in 2016 (average: 0.5936), the exchange rate shifted by -0.0329 (-5.54%).

2017 Avg (May) 0.5607
2016 Avg (May) 0.5936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5066 0.4808 0.4899
February 0.5209 0.4834 0.4976
March 0.5502 0.5336 0.5428
April 0.5653 0.5475 0.5570
May 0.5669 0.5544 0.5607
June 0.5611 0.5389 0.5521
July 0.5417 0.5188 0.5297
August 0.5331 0.5136 0.5257
September 0.5088 0.4916 0.4986
October 0.5134 0.5021 0.5063
November 0.5158 0.4691 0.4948
December 0.5085 0.4682 0.4864