YEARLY HIGH
19.3627 GMD
YEARLY LOW
15.7953 GMD
YEARLY AVERAGE
18.3605 GMD

2017 GEL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 19.3627. Conversely, the yearly low was recorded on January 8, dropping to 15.7953.

This high-to-low spread represents a total annual volatility of 3.5674 GMD. From a start-to-finish perspective, comparing the January average rate of 16.1442 to the December average rate of 18.1221, the exchange rate registered a net change of 12.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 19.3627 was down 3.86% compared to the 2016 peak of 20.1400, 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 96,814 GMD
2016 Average 89,132 GMD
Yearly Trough Low 78,977 GMD
Transaction Impact: A difference of 17,837.09 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

19.5027
15.8389
JanuMarcMayJulySeptNove

GEL to GMD 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 17.9808, compared to 18.7403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7595 points.

H1 Avg (Jan–Jun) 17.9808
H2 Avg (Jul–Dec) 18.7403

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.6237 GMD (High: 19.0832 / Low: 17.4595). On the other end, July was the most stable month, with a tight range of 0.1328 GMD (High: 19.2613 / Low: 19.1285).

November Spread (Volatile) ±1.6237
July Spread (Stable) ±0.1328

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5411 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.5411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 19.1488) against the same month in 2016 (average: 18.4091), the exchange rate shifted by +0.7397 (+4.02%).

2017 Avg (August) 19.1488
2016 Avg (August) 18.4091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.4206 15.7953 16.1442
February 17.4126 16.1934 16.7732
March 18.5972 17.8740 18.1415
April 19.0210 18.3730 18.7409
May 19.1610 18.6543 19.0131
June 19.1792 19.0180 19.0717
July 19.2613 19.1285 19.1974
August 19.3627 18.9109 19.1488
September 18.9119 18.5365 18.6744
October 19.1713 18.6023 18.9199
November 19.0832 17.4595 18.3788
December 18.7968 17.4881 18.1221