2017 GEL to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 47.6830. Conversely, the yearly low was recorded on November 23, dropping to 41.0514.
This high-to-low spread represents a total annual volatility of 6.6316 JPY. From a start-to-finish perspective, comparing the January average rate of 42.6463 to the December average rate of 43.0637, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 47.6830 was down 7.90% compared to the 2016 peak of 51.7706, 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 JPY 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 44.8803, compared to 44.9570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0767 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 4.5891 JPY (High: 45.6405 / Low: 41.0514). On the other end, April was the most stable month, with a tight range of 1.1867 JPY (High: 46.1788 / Low: 44.9921).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.6300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 46.8315) against the same month in 2016 (average: 44.3594), the exchange rate shifted by +2.4721 (+5.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.3942 | 41.8189 | 42.6463 |
| February | 44.2536 | 41.8559 | 42.9035 |
| March | 46.6677 | 45.2933 | 45.8152 |
| April | 46.1788 | 44.9921 | 45.6480 |
| May | 46.9447 | 45.7557 | 46.2700 |
| June | 46.7303 | 45.3552 | 45.9986 |
| July | 47.6830 | 46.0575 | 46.8315 |
| August | 46.4037 | 45.0753 | 45.7850 |
| September | 45.5764 | 43.7785 | 44.9088 |
| October | 45.9381 | 44.5422 | 45.3914 |
| November | 45.6405 | 41.0514 | 43.7614 |
| December | 44.7822 | 41.3682 | 43.0637 |