2017 GEL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |