YEARLY HIGH
2.9447 DKK
YEARLY LOW
2.3065 DKK
YEARLY AVERAGE
2.6427 DKK

2017 GEL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 2.9447. Conversely, the yearly low was recorded on November 30, dropping to 2.3065.

This high-to-low spread represents a total annual volatility of 0.6382 DKK. From a start-to-finish perspective, comparing the January average rate of 2.5932 to the December average rate of 2.3967, the exchange rate registered a net change of -7.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9447 was down 5.70% compared to the 2016 peak of 3.1229, 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 14,724 DKK
2016 Average 14,263 DKK
Yearly Trough Low 11,533 DKK
Transaction Impact: A difference of 3,190.83 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9256
2.3486
JanuMarcMayJulySeptNove

GEL to DKK 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 2.7442, compared to 2.5412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2030 points.

H1 Avg (Jan–Jun) 2.7442
H2 Avg (Jul–Dec) 2.5412

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2462 DKK (High: 2.5527 / Low: 2.3065). On the other end, October was the most stable month, with a tight range of 0.0591 DKK (High: 2.5682 / Low: 2.5091).

November Spread (Volatile) ±0.2462
October Spread (Stable) ±0.0591

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 0.1031 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 2.8775) against the same month in 2016 (average: 2.9097), the exchange rate shifted by -0.0322 (-1.11%).

2017 Avg (April) 2.8775
2016 Avg (April) 2.9097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6931 2.5527 2.5932
February 2.7521 2.5611 2.6537
March 2.8753 2.7773 2.8195
April 2.9447 2.7605 2.8775
May 2.8138 2.7405 2.7744
June 2.7767 2.7010 2.7468
July 2.7344 2.6257 2.6892
August 2.6555 2.5708 2.6247
September 2.5740 2.5097 2.5328
October 2.5682 2.5091 2.5458
November 2.5527 2.3065 2.4581
December 2.4825 2.3079 2.3967