YEARLY HIGH
0.3959 EUR
YEARLY LOW
0.3099 EUR
YEARLY AVERAGE
0.3553 EUR

2017 GEL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.3959. Conversely, the yearly low was recorded on November 30, dropping to 0.3099.

This high-to-low spread represents a total annual volatility of 0.0860 EUR. From a start-to-finish perspective, comparing the January average rate of 0.3487 to the December average rate of 0.3220, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3959 was down 5.70% compared to the 2016 peak of 0.4198, 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 1,979 EUR
2016 Average 1,916 EUR
Yearly Trough Low 1,550 EUR
Transaction Impact: A difference of 429.76 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3934
0.3155
JanuMarcMayJulySeptNove

GEL to EUR 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 0.3690, compared to 0.3415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 0.3690
H2 Avg (Jul–Dec) 0.3415

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0331 EUR (High: 0.3430 / Low: 0.3099). On the other end, October was the most stable month, with a tight range of 0.0079 EUR (High: 0.3451 / Low: 0.3372).

November Spread (Volatile) ±0.0331
October Spread (Stable) ±0.0079

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 0.0140 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.3869) against the same month in 2016 (average: 0.3909), the exchange rate shifted by -0.0040 (-1.03%).

2017 Avg (April) 0.3869
2016 Avg (April) 0.3909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3622 0.3433 0.3487
February 0.3702 0.3443 0.3569
March 0.3868 0.3736 0.3792
April 0.3959 0.3710 0.3869
May 0.3781 0.3682 0.3729
June 0.3733 0.3632 0.3694
July 0.3677 0.3531 0.3616
August 0.3571 0.3455 0.3529
September 0.3460 0.3373 0.3404
October 0.3451 0.3372 0.3420
November 0.3430 0.3099 0.3303
December 0.3335 0.3102 0.3220