2017 GEL to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 692.7860. Conversely, the yearly low was recorded on January 5, dropping to 420.4255.
This high-to-low spread represents a total annual volatility of 272.3606 CDF. From a start-to-finish perspective, comparing the January average rate of 450.1707 to the December average rate of 601.6474, the exchange rate registered a net change of 33.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 692.7860 was up 51.14% compared to the 2016 peak of 458.3746, 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 CDF 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 538.3214, compared to 631.0930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 92.7716 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 62.6282 CDF (High: 637.8506 / Low: 575.2224). On the other end, September was the most stable month, with a tight range of 10.3445 CDF (High: 638.2629 / Low: 627.9185).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 31.6039 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 664.2797) against the same month in 2016 (average: 421.5355), the exchange rate shifted by +242.7441 (+57.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 469.7642 | 420.4255 | 450.1707 |
| February | 512.9867 | 460.7959 | 483.3797 |
| March | 555.4909 | 524.7795 | 539.3711 |
| April | 582.9217 | 555.4909 | 570.7340 |
| May | 593.2486 | 574.1650 | 583.2547 |
| June | 620.4882 | 589.7204 | 603.0181 |
| July | 678.5807 | 617.9334 | 648.5438 |
| August | 692.7860 | 637.8552 | 664.2797 |
| September | 638.2629 | 627.9185 | 632.6757 |
| October | 637.0262 | 614.0376 | 630.0258 |
| November | 637.8506 | 575.2224 | 609.3858 |
| December | 630.5120 | 577.4416 | 601.6474 |