2017 GEL to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 378.1478. Conversely, the yearly low was recorded on January 8, dropping to 326.7671.
This high-to-low spread represents a total annual volatility of 51.3807 KPW. From a start-to-finish perspective, comparing the January average rate of 333.6996 to the December average rate of 343.1737, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 378.1478 was down 10.77% compared to the 2016 peak of 423.7702, 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 KPW 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 359.6762, compared to 361.6256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9494 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 31.2443 KPW (High: 362.4915 / Low: 331.2472). On the other end, July was the most stable month, with a tight range of 2.4671 KPW (High: 376.2761 / Low: 373.8090).
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 12.7094 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 373.0529) against the same month in 2016 (average: 398.9369), the exchange rate shifted by -25.8839 (-6.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 339.6669 | 326.7671 | 333.6996 |
| February | 352.1295 | 333.6973 | 341.7842 |
| March | 369.9264 | 360.9543 | 365.0099 |
| April | 378.1478 | 364.2585 | 373.0529 |
| May | 374.3947 | 368.8035 | 371.1986 |
| June | 374.5363 | 371.1122 | 373.3121 |
| July | 376.2761 | 373.8090 | 375.4066 |
| August | 377.2339 | 370.5152 | 375.3772 |
| September | 369.4126 | 362.8008 | 365.0068 |
| October | 364.4758 | 353.5993 | 361.7494 |
| November | 362.4915 | 331.2472 | 349.0400 |
| December | 355.7748 | 332.0528 | 343.1737 |