2017 GEL to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 20.0191. Conversely, the yearly low was recorded on January 5, dropping to 16.8326.
This high-to-low spread represents a total annual volatility of 3.1866 DOP. From a start-to-finish perspective, comparing the January average rate of 17.2469 to the December average rate of 18.4233, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 20.0191 was down 7.32% compared to the 2016 peak of 21.5997, 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 DOP 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 18.7981, compared to 19.1317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3337 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 1.8020 DOP (High: 19.4627 / Low: 17.6606). On the other end, July was the most stable month, with a tight range of 0.3067 DOP (High: 19.8400 / Low: 19.5334).
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 0.5348 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 19.6780) against the same month in 2016 (average: 19.8531), the exchange rate shifted by -0.1751 (-0.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.5961 | 16.8326 | 17.2469 |
| February | 18.4769 | 17.3024 | 17.7880 |
| March | 19.4653 | 18.7006 | 19.0978 |
| April | 19.8586 | 19.0945 | 19.5742 |
| May | 19.7065 | 19.2939 | 19.4859 |
| June | 19.7217 | 19.3946 | 19.5957 |
| July | 19.8400 | 19.5334 | 19.7067 |
| August | 20.0191 | 19.2775 | 19.6780 |
| September | 19.5437 | 18.9916 | 19.2133 |
| October | 19.4365 | 18.8525 | 19.1520 |
| November | 19.4627 | 17.6606 | 18.6172 |
| December | 19.1147 | 17.7773 | 18.4233 |