2017 GEL to HRK Historical Review

YEARLY HIGH

2.9412 HRK

YEARLY LOW

2.3400 HRK

YEARLY AVERAGE

2.6506 HRK

2017 GEL to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 2.9412. Conversely, the yearly low was recorded on November 28, dropping to 2.3400.

This high-to-low spread represents a total annual volatility of 0.6012 HRK. From a start-to-finish perspective, comparing the January average rate of 2.6264 to the December average rate of 2.4251, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9412 was down 6.56% compared to the 2016 peak of 3.1477, 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 14,706 HRK

2016 Average 14,423 HRK

Yearly Trough Low 11,700 HRK

Transaction Impact: A difference of 3,005.89 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9288

2.3793

JanuMarcMayJulySeptNove

GEL to HRK 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 2.7479, compared to 2.5533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1947 points.

H1 Avg (Jan–Jun) 2.7479

H2 Avg (Jul–Dec) 2.5533

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2545 HRK (High: 2.5945 / Low: 2.3400). On the other end, October was the most stable month, with a tight range of 0.0550 HRK (High: 2.5902 / Low: 2.5352).

November Spread (Volatile) ±0.2545

October Spread (Stable) ±0.0550

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 April and May, when the average rate fell by 0.1123 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 2.8830) against the same month in 2016 (average: 2.9308), the exchange rate shifted by -0.0478 (-1.63%).

2017 Avg (April) 2.8830

2016 Avg (April) 2.9308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7404	2.5652	2.6264
February	2.7530	2.5636	2.6560
March	2.8730	2.7719	2.8144
April	2.9412	2.7713	2.8830
May	2.8088	2.7320	2.7706
June	2.7688	2.6925	2.7372
July	2.7245	2.6174	2.6802
August	2.6426	2.5618	2.6134
September	2.5775	2.5075	2.5397
October	2.5902	2.5352	2.5679
November	2.5945	2.3400	2.4933
December	2.5158	2.3409	2.4251