2017 GEL to IQD Historical Review

YEARLY HIGH

495.5939 IQD

YEARLY LOW

427.5056 IQD

YEARLY AVERAGE

469.9757 IQD

2017 GEL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 495.5939. Conversely, the yearly low was recorded on January 5, dropping to 427.5056.

This high-to-low spread represents a total annual volatility of 68.0884 IQD. From a start-to-finish perspective, comparing the January average rate of 437.7783 to the December average rate of 453.8765, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 495.5939 was down 10.90% compared to the 2016 peak of 556.1919, 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 2,477,970 IQD

2016 Average 2,417,765 IQD

Yearly Trough Low 2,137,528 IQD

Transaction Impact: A difference of 340,441.83 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

491.7035

432.8760

JanuMarcMayJulySeptNove

GEL to IQD 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 469.2131, compared to 470.7382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5251 points.

H1 Avg (Jan–Jun) 469.2131

H2 Avg (Jul–Dec) 470.7382

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 42.5451 IQD (High: 471.7511 / Low: 429.2059). On the other end, May was the most stable month, with a tight range of 12.0944 IQD (High: 488.9424 / Low: 476.8480).

November Spread (Volatile) ±42.5451

May Spread (Stable) ±12.0944

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 16.8226 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -16.8226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 486.8012) against the same month in 2016 (average: 503.1286), the exchange rate shifted by -16.3273 (-3.25%).

2017 Avg (August) 486.8012

2016 Avg (August) 503.1286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	447.6750	427.5056	437.7783
February	462.7054	437.4465	448.6382
March	484.0023	467.2739	476.4004
April	495.0157	471.4693	485.5544
May	488.9424	476.8480	482.2717
June	491.4878	479.3330	484.6356
July	493.6519	480.5130	486.7846
August	495.5939	478.5554	486.8012
September	485.5724	469.6295	475.0415
October	476.9242	457.7873	469.3741
November	471.7511	429.2059	452.5514
December	470.8087	436.6495	453.8765