2017 GEL to IRR Historical Review

YEARLY HIGH

14023.7403 IRR

YEARLY LOW

10922.3770 IRR

YEARLY AVERAGE

13238.8143 IRR

2017 GEL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 14023.7403. Conversely, the yearly low was recorded on January 8, dropping to 10922.3770.

This high-to-low spread represents a total annual volatility of 3101.3633 IRR. From a start-to-finish perspective, comparing the January average rate of 11758.2422 to the December average rate of 13443.3885, the exchange rate registered a net change of 14.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 14023.7403 was down 1.77% compared to the 2016 peak of 14276.5990, 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 70,118,701 IRR

2016 Average 63,959,655 IRR

Yearly Trough Low 54,611,885 IRR

Transaction Impact: A difference of 15,506,816.50 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13896.9578

11563.8135

JanuMarcMayJulySeptNove

GEL to IRR 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 12919.0167, compared to 13558.6119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 639.5951 points.

H1 Avg (Jan–Jun) 12919.0167

H2 Avg (Jul–Dec) 13558.6119

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1259.1291 IRR (High: 12181.5060 / Low: 10922.3770). On the other end, June was the most stable month, with a tight range of 126.2086 IRR (High: 13512.1214 / Low: 13385.9128).

January Spread (Volatile) ±1259.1291

June Spread (Stable) ±126.2086

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 August and September, when the average rate fell by 191.5933 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -191.5933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 13443.3885) against the same month in 2016 (average: 11343.6882), the exchange rate shifted by +2099.7003 (+18.51%).

2017 Avg (December) 13443.3885

2016 Avg (December) 11343.6882

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12181.5060	10922.3770	11758.2422
February	12678.3910	12005.6197	12303.9643
March	13330.3257	13001.6124	13151.2615
April	13632.7050	13131.5709	13448.9470
May	13503.6101	13299.9099	13386.2952
June	13512.1214	13385.9128	13465.3902
July	13650.9367	13501.3868	13600.9425
August	13779.7507	13614.8477	13702.5291
September	13620.6543	13388.5597	13510.9359
October	13793.1431	13556.7140	13638.7228
November	14004.0527	12796.9999	13455.1524
December	14023.7403	12832.7354	13443.3885