YEARLY HIGH
123.8331 HUF
YEARLY LOW
96.5484 HUF
YEARLY AVERAGE
109.8572 HUF

2017 GEL to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 123.8331. Conversely, the yearly low was recorded on November 28, dropping to 96.5484.

This high-to-low spread represents a total annual volatility of 27.2847 HUF. From a start-to-finish perspective, comparing the January average rate of 107.7370 to the December average rate of 100.7645, the exchange rate registered a net change of -6.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 123.8331 was down 6.09% compared to the 2016 peak of 131.8634, 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 619,166 HUF
2016 Average 596,569 HUF
Yearly Trough Low 482,742 HUF
Transaction Impact: A difference of 136,423.45 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

122.5759
98.7817
JanuMarcMayJulySeptNove

GEL to HUF 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 114.2137, compared to 105.5006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.7132 points.

H1 Avg (Jan–Jun) 114.2137
H2 Avg (Jul–Dec) 105.5006

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 10.9225 HUF (High: 107.4710 / Low: 96.5484). On the other end, June was the most stable month, with a tight range of 2.9505 HUF (High: 115.3966 / Low: 112.4461).

November Spread (Volatile) ±10.9225
June Spread (Stable) ±2.9505

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 5.1267 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.1267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 120.5930) against the same month in 2016 (average: 121.8327), the exchange rate shifted by -1.2397 (-1.02%).

2017 Avg (April) 120.5930
2016 Avg (April) 121.8327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 112.0732 105.8636 107.7370
February 114.0994 106.5658 110.1153
March 120.2757 115.6191 117.5046
April 123.8331 115.9068 120.5930
May 117.6090 113.4849 115.4663
June 115.3966 112.4461 113.8662
July 113.5756 107.3877 110.8659
August 108.6773 105.4995 107.3848
September 107.0255 103.1802 104.9940
October 107.6479 104.5401 106.0160
November 107.4710 96.5484 102.9783
December 104.4113 97.3350 100.7645