2017 GEL to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 279.7137. Conversely, the yearly low was recorded on November 22, dropping to 234.0806.
This high-to-low spread represents a total annual volatility of 45.6331 CLP. From a start-to-finish perspective, comparing the January average rate of 244.7092 to the December average rate of 242.0565, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 279.7137 was down 13.63% compared to the 2016 peak of 323.8597, 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 CLP 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 263.6591, compared to 256.3352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.3239 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 22.1865 CLP (High: 256.2670 / Low: 234.0806). On the other end, June was the most stable month, with a tight range of 3.5821 CLP (High: 277.9030 / Low: 274.3209).
Growth Streaks & Declines
TrendsBetween February and May, 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 August and September, when the average rate fell by 14.5832 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 277.0227) against the same month in 2016 (average: 312.7665), the exchange rate shifted by -35.7438 (-11.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 254.1979 | 240.1755 | 244.7092 |
| February | 254.4390 | 238.2653 | 244.2124 |
| March | 272.2462 | 261.3680 | 268.3056 |
| April | 273.8298 | 268.9008 | 271.8758 |
| May | 279.7137 | 272.8887 | 277.0227 |
| June | 277.9030 | 274.3209 | 275.8287 |
| July | 278.6255 | 269.3759 | 274.5217 |
| August | 272.9207 | 257.7062 | 268.4367 |
| September | 258.9079 | 249.4327 | 253.8535 |
| October | 258.6902 | 249.7408 | 253.4362 |
| November | 256.2670 | 234.0806 | 245.7064 |
| December | 246.5417 | 236.1558 | 242.0565 |