YEARLY HIGH
0.8751 FJD
YEARLY LOW
0.7578 FJD
YEARLY AVERAGE
0.8250 FJD

2017 GEL to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.8751. Conversely, the yearly low was recorded on January 8, dropping to 0.7578.

This high-to-low spread represents a total annual volatility of 0.1173 FJD. From a start-to-finish perspective, comparing the January average rate of 0.7721 to the December average rate of 0.7873, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8751 was down 11.62% compared to the 2016 peak of 0.9901, 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 4,376 FJD
2016 Average 4,424 FJD
Yearly Trough Low 3,789 FJD
Transaction Impact: A difference of 586.67 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8733
0.7629
JanuMarcMayJulySeptNove

GEL to FJD 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 0.8299, compared to 0.8202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.8299
H2 Avg (Jul–Dec) 0.8202

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0778 FJD (High: 0.8412 / Low: 0.7635). On the other end, October was the most stable month, with a tight range of 0.0146 FJD (High: 0.8296 / Low: 0.8150).

November Spread (Volatile) ±0.0778
October Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0234 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.8638) against the same month in 2016 (average: 0.9167), the exchange rate shifted by -0.0529 (-5.77%).

2017 Avg (April) 0.8638
2016 Avg (April) 0.9167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8043 0.7578 0.7721
February 0.8042 0.7588 0.7816
March 0.8575 0.8275 0.8424
April 0.8751 0.8497 0.8638
May 0.8745 0.8516 0.8641
June 0.8651 0.8485 0.8552
July 0.8618 0.8345 0.8472
August 0.8491 0.8304 0.8415
September 0.8279 0.8094 0.8182
October 0.8296 0.8150 0.8231
November 0.8412 0.7635 0.8039
December 0.8168 0.7644 0.7873