YEARLY HIGH
3.0904 GTQ
YEARLY LOW
2.6971 GTQ
YEARLY AVERAGE
2.9452 GTQ

2017 GEL to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 3.0904. Conversely, the yearly low was recorded on November 22, dropping to 2.6971.

This high-to-low spread represents a total annual volatility of 0.3933 GTQ. From a start-to-finish perspective, comparing the January average rate of 2.7873 to the December average rate of 2.8033, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.0904 was down 14.22% compared to the 2016 peak of 3.6028, 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 15,452 GTQ
2016 Average 16,135 GTQ
Yearly Trough Low 13,485 GTQ
Transaction Impact: A difference of 1,966.71 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.0713
2.7614
JanuMarcMayJulySeptNove

GEL to GTQ 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 2.9497, compared to 2.9407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 2.9497
H2 Avg (Jul–Dec) 2.9407

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2692 GTQ (High: 2.9663 / Low: 2.6971). On the other end, June was the most stable month, with a tight range of 0.0407 GTQ (High: 3.0580 / Low: 3.0173).

November Spread (Volatile) ±0.2692
June Spread (Stable) ±0.0407

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 0.1086 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 3.0443) against the same month in 2016 (average: 3.4268), the exchange rate shifted by -0.3825 (-11.16%).

2017 Avg (April) 3.0443
2016 Avg (April) 3.4268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8495 2.7261 2.7873
February 2.8838 2.7603 2.8152
March 3.0230 2.9291 2.9829
April 3.0904 2.9672 3.0443
May 3.0513 2.9939 3.0243
June 3.0580 3.0173 3.0442
July 3.0697 3.0090 3.0455
August 3.0670 2.9867 3.0316
September 3.0068 2.9366 2.9631
October 2.9883 2.8863 2.9547
November 2.9663 2.6971 2.8461
December 2.9039 2.7125 2.8033