YEARLY HIGH
0.3359 GBP
YEARLY LOW
0.2725 GBP
YEARLY AVERAGE
0.3112 GBP

2017 GEL to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.3359. Conversely, the yearly low was recorded on November 30, dropping to 0.2725.

This high-to-low spread represents a total annual volatility of 0.0634 GBP. From a start-to-finish perspective, comparing the January average rate of 0.3003 to the December average rate of 0.2845, the exchange rate registered a net change of -5.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3359 was down 3.84% compared to the 2016 peak of 0.3493, 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 1,680 GBP
2016 Average 1,569 GBP
Yearly Trough Low 1,363 GBP
Transaction Impact: A difference of 316.92 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3330
0.2800
JanuMarcMayJulySeptNove

GEL to GBP 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 0.3174, compared to 0.3049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.3174
H2 Avg (Jul–Dec) 0.3049

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0333 GBP (High: 0.3059 / Low: 0.2725). On the other end, May was the most stable month, with a tight range of 0.0076 GBP (High: 0.3233 / Low: 0.3158).

November Spread (Volatile) ±0.0333
May Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0173 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.3280) against the same month in 2016 (average: 0.3099), the exchange rate shifted by +0.0181 (+5.83%).

2017 Avg (April) 0.3280
2016 Avg (April) 0.3099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3088 0.2943 0.3003
February 0.3161 0.2929 0.3043
March 0.3350 0.3246 0.3286
April 0.3359 0.3144 0.3280
May 0.3233 0.3158 0.3192
June 0.3291 0.3191 0.3241
July 0.3250 0.3162 0.3206
August 0.3263 0.3159 0.3219
September 0.3170 0.2974 0.3046
October 0.3097 0.2956 0.3045
November 0.3059 0.2725 0.2934
December 0.2959 0.2738 0.2845