2017 GEL to GNF Historical Review

YEARLY HIGH

3923.0588 GNF

YEARLY LOW

3318.7224 GNF

YEARLY AVERAGE

3655.6452 GNF

2017 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 3923.0588. Conversely, the yearly low was recorded on November 30, dropping to 3318.7224.

This high-to-low spread represents a total annual volatility of 604.3365 GNF. From a start-to-finish perspective, comparing the January average rate of 3472.7209 to the December average rate of 3438.6793, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3923.0588 was down 1.24% compared to the 2016 peak of 3972.1585, 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 19,615,294 GNF

2016 Average 17,709,022 GNF

Yearly Trough Low 16,593,612 GNF

Transaction Impact: A difference of 3,021,682.37 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3883.6304

3398.2292

JanuMarcMayJulySeptNove

GEL to GNF 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 3700.2899, compared to 3611.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 89.2895 points.

H1 Avg (Jan–Jun) 3700.2899

H2 Avg (Jul–Dec) 3611.0004

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 327.2074 GNF (High: 3645.9297 / Low: 3318.7224). On the other end, September was the most stable month, with a tight range of 64.5774 GNF (High: 3675.9177 / Low: 3611.3403).

November Spread (Volatile) ±327.2074

September Spread (Stable) ±64.5774

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 October and November, when the average rate fell by 113.0727 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -113.0727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 3843.1803) against the same month in 2016 (average: 3361.4809), the exchange rate shifted by +481.6994 (+14.33%).

2017 Avg (April) 3843.1803

2016 Avg (April) 3361.4809

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3563.4430	3353.0799	3472.7209
February	3655.2458	3454.1130	3560.5073
March	3843.8082	3702.0108	3783.1108
April	3923.0588	3716.9806	3843.1803
May	3833.2074	3719.6083	3780.4192
June	3791.5170	3716.5469	3761.8010
July	3804.0843	3702.0578	3757.4380
August	3768.3511	3671.3791	3725.7907
September	3675.9177	3611.3403	3637.1111
October	3653.8155	3542.3773	3610.0281
November	3645.9297	3318.7224	3496.9554
December	3565.1009	3331.2381	3438.6793