YEARLY HIGH
54.3491 JMD
YEARLY LOW
46.1544 JMD
YEARLY AVERAGE
51.4280 JMD

2017 GEL to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 54.3491. Conversely, the yearly low was recorded on November 30, dropping to 46.1544.

This high-to-low spread represents a total annual volatility of 8.1947 JMD. From a start-to-finish perspective, comparing the January average rate of 47.7623 to the December average rate of 47.7057, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 54.3491 was down 7.59% compared to the 2016 peak of 58.8154, 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 271,746 JMD
2016 Average 265,330 JMD
Yearly Trough Low 230,772 JMD
Transaction Impact: A difference of 40,973.51 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

54.4546
47.0922
JanuMarcMayJulySeptNove

GEL to JMD 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 51.5979, compared to 51.2582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3397 points.

H1 Avg (Jan–Jun) 51.5979
H2 Avg (Jul–Dec) 51.2582

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 5.0224 JMD (High: 51.1768 / Low: 46.1544). On the other end, June was the most stable month, with a tight range of 0.7027 JMD (High: 54.1038 / Low: 53.4011).

November Spread (Volatile) ±5.0224
June Spread (Stable) ±0.7027

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 2.5146 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 53.5154) against the same month in 2016 (average: 54.0664), the exchange rate shifted by -0.5511 (-1.02%).

2017 Avg (April) 53.5154
2016 Avg (April) 54.0664

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.7204 46.5985 47.7623
February 50.3931 47.7026 48.8916
March 53.1080 51.1141 52.1957
April 54.3491 52.1520 53.5154
May 54.0574 52.7782 53.3814
June 54.1038 53.4011 53.8411
July 54.0921 52.7063 53.4487
August 53.8736 52.6524 53.2721
September 53.1112 51.4957 52.6712
October 53.0478 49.8963 51.4829
November 51.1768 46.1544 48.9684
December 49.3528 46.3306 47.7057