2017 GEL to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 29.0999. Conversely, the yearly low was recorded on August 19, dropping to 23.3744.
This high-to-low spread represents a total annual volatility of 5.7255 KGS. From a start-to-finish perspective, comparing the January average rate of 25.7134 to the December average rate of 26.5452, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 29.0999 was down 9.63% compared to the 2016 peak of 32.2000, 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 KGS 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 27.4344, compared to 27.6595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2251 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 5.6936 KGS (High: 29.0679 / Low: 23.3744). On the other end, May was the most stable month, with a tight range of 0.5164 KGS (High: 28.1852 / Low: 27.6688).
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 0.6843 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 28.8503) against the same month in 2016 (average: 28.7587), the exchange rate shifted by +0.0915 (+0.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.1388 | 25.1275 | 25.7134 |
| February | 27.0544 | 25.6270 | 26.2957 |
| March | 28.4438 | 27.7533 | 28.0212 |
| April | 28.7436 | 27.1643 | 28.1989 |
| May | 28.1852 | 27.6688 | 27.9624 |
| June | 28.7343 | 28.1073 | 28.4148 |
| July | 29.0999 | 28.5694 | 28.8503 |
| August | 29.0679 | 23.3744 | 28.3761 |
| September | 28.1884 | 27.6018 | 27.7994 |
| October | 27.7997 | 26.9639 | 27.5353 |
| November | 28.0763 | 25.6496 | 26.8510 |
| December | 27.5231 | 25.7184 | 26.5452 |