2017 GEL to CVE Historical Review

YEARLY HIGH

43.7379 CVE

YEARLY LOW

34.2197 CVE

YEARLY AVERAGE

39.3034 CVE

2017 GEL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 43.7379. Conversely, the yearly low was recorded on November 30, dropping to 34.2197.

This high-to-low spread represents a total annual volatility of 9.5182 CVE. From a start-to-finish perspective, comparing the January average rate of 38.5315 to the December average rate of 35.6294, the exchange rate registered a net change of -7.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 43.7379 was down 5.45% compared to the 2016 peak of 46.2570, 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 218,689 CVE

2016 Average 211,215 CVE

Yearly Trough Low 171,099 CVE

Transaction Impact: A difference of 47,590.78 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

43.5368

34.9105

JanuMarcMayJulySeptNove

GEL to CVE 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 40.8258, compared to 37.7809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0449 points.

H1 Avg (Jan–Jun) 40.8258

H2 Avg (Jul–Dec) 37.7809

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 3.7211 CVE (High: 37.9408 / Low: 34.2197). On the other end, October was the most stable month, with a tight range of 0.8934 CVE (High: 38.2073 / Low: 37.3139).

November Spread (Volatile) ±3.7211

October Spread (Stable) ±0.8934

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 1.5341 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 42.8179) against the same month in 2016 (average: 43.1266), the exchange rate shifted by -0.3087 (-0.72%).

2017 Avg (April) 42.8179

2016 Avg (April) 43.1266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.7563	37.9360	38.5315
February	40.9294	38.0102	39.4755
March	42.6962	41.3576	41.9689
April	43.7379	41.1470	42.8179
May	41.9796	40.6986	41.2838
June	41.2794	40.2116	40.8775
July	40.7360	39.0217	40.0019
August	39.4031	38.0706	39.0291
September	38.2958	37.3023	37.6619
October	38.2073	37.3139	37.7829
November	37.9408	34.2197	36.5804
December	36.9314	34.2752	35.6294