YEARLY HIGH
692.7860 CDF
YEARLY LOW
420.4255 CDF
YEARLY AVERAGE
584.7072 CDF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 3,463,930 CDF
2016 Average 2,049,032 CDF
Yearly Trough Low 2,102,127 CDF
Transaction Impact: A difference of 1,361,802.85 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

685.6905
428.7598
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 538.3214
H2 Avg (Jul–Dec) 631.0930

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±62.6282
September Spread (Stable) ±10.3445

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 7 Mo.
Sharpest MoM Drop -31.6039

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (August) 664.2797
2016 Avg (August) 421.5355

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