2017 GEL to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 75.1683. Conversely, the yearly low was recorded on January 11, dropping to 64.9229.
This high-to-low spread represents a total annual volatility of 10.2453 DJF. From a start-to-finish perspective, comparing the January average rate of 66.2609 to the December average rate of 68.1614, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 75.1683 was down 10.25% compared to the 2016 peak of 83.7534, 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 DJF 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 71.4666, compared to 71.8189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3524 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 6.2260 DJF (High: 72.0228 / Low: 65.7967). On the other end, July was the most stable month, with a tight range of 0.5628 DJF (High: 74.7827 / Low: 74.2199).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 2.5175 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 74.1152) against the same month in 2016 (average: 78.7594), the exchange rate shifted by -4.6442 (-5.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.2971 | 64.9229 | 66.2609 |
| February | 69.9517 | 66.3605 | 67.9393 |
| March | 73.5546 | 71.6904 | 72.5544 |
| April | 75.1683 | 72.2657 | 74.1152 |
| May | 74.3747 | 73.2879 | 73.7656 |
| June | 74.4445 | 73.7226 | 74.1640 |
| July | 74.7827 | 74.2199 | 74.5484 |
| August | 74.9782 | 73.5967 | 74.4582 |
| September | 73.4598 | 72.0048 | 72.4944 |
| October | 72.4780 | 70.2366 | 71.8844 |
| November | 72.0228 | 65.7967 | 69.3669 |
| December | 70.6687 | 65.9568 | 68.1614 |