YEARLY HIGH
1291.4744 COP
YEARLY LOW
1060.0178 COP
YEARLY AVERAGE
1182.1946 COP

2017 GEL to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 1291.4744. Conversely, the yearly low was recorded on January 9, dropping to 1060.0178.

This high-to-low spread represents a total annual volatility of 231.4567 COP. From a start-to-finish perspective, comparing the January average rate of 1089.5405 to the December average rate of 1139.6001, the exchange rate registered a net change of 4.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1291.4744 was down 10.91% compared to the 2016 peak of 1449.5906, 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 6,457,372 COP
2016 Average 6,466,961 COP
Yearly Trough Low 5,300,089 COP
Transaction Impact: A difference of 1,157,283.38 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1283.0337
1071.9502
JanuMarcMayJulySeptNove

GEL to COP 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 1167.1262, compared to 1197.2631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.1369 points.

H1 Avg (Jan–Jun) 1167.1262
H2 Avg (Jul–Dec) 1197.2631

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 115.8523 COP (High: 1213.9980 / Low: 1098.1457). On the other end, May was the most stable month, with a tight range of 33.8571 COP (High: 1225.4116 / Low: 1191.5545).

November Spread (Volatile) ±115.8523
May Spread (Stable) ±33.8571

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 55.8933 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -55.8933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 1265.4434) against the same month in 2016 (average: 1266.8573), the exchange rate shifted by -1.4139 (-0.11%).

2017 Avg (July) 1265.4434
2016 Avg (July) 1266.8573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1132.3844 1060.0178 1089.5405
February 1142.5203 1060.0312 1092.7220
March 1220.5627 1172.6633 1192.1763
April 1217.7966 1172.0059 1192.8464
May 1225.4116 1191.5545 1206.7665
June 1265.7589 1194.6057 1228.7053
July 1291.4744 1245.1893 1265.4434
August 1260.0096 1212.1244 1238.8963
September 1223.1625 1168.2465 1183.0030
October 1209.1442 1171.5196 1188.3915
November 1213.9980 1098.1457 1168.2441
December 1179.1718 1102.6800 1139.6001