YEARLY HIGH
27.2358 INR
YEARLY LOW
23.7302 INR
YEARLY AVERAGE
26.0773 INR

2017 GEL to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 27.2358. Conversely, the yearly low was recorded on November 28, dropping to 23.7302.

This high-to-low spread represents a total annual volatility of 3.5056 INR. From a start-to-finish perspective, comparing the January average rate of 25.2423 to the December average rate of 24.4839, the exchange rate registered a net change of -3.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 27.2358 was down 13.63% compared to the 2016 peak of 31.5351, 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 136,179 INR
2016 Average 142,471 INR
Yearly Trough Low 118,651 INR
Transaction Impact: A difference of 17,528.00 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

27.1180
24.2444
JanuMarcMayJulySeptNove

GEL to INR 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 26.2404, compared to 25.9141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3264 points.

H1 Avg (Jan–Jun) 26.2404
H2 Avg (Jul–Dec) 25.9141

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 2.5974 INR (High: 26.3276 / Low: 23.7302). On the other end, July was the most stable month, with a tight range of 0.2891 INR (High: 27.0357 / Low: 26.7466).

November Spread (Volatile) ±2.5974
July Spread (Stable) ±0.2891

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 0.9938 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 26.7136) against the same month in 2016 (average: 28.1928), the exchange rate shifted by -1.4792 (-5.25%).

2017 Avg (March) 26.7136
2016 Avg (March) 28.1928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.7666 24.7452 25.2423
February 26.1053 24.9593 25.4273
March 27.2358 26.3238 26.7136
April 27.0954 25.9245 26.7519
May 26.9265 26.2737 26.5718
June 26.9241 26.5337 26.7357
July 27.0357 26.7466 26.8785
August 26.8649 26.3156 26.6839
September 26.4576 25.8289 26.1283
October 26.5419 25.4120 26.1518
November 26.3276 23.7302 25.1580
December 25.3066 23.7798 24.4839