2017 GEL to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 482.8095. Conversely, the yearly low was recorded on November 29, dropping to 398.6200.
This high-to-low spread represents a total annual volatility of 84.1896 KRW. From a start-to-finish perspective, comparing the January average rate of 438.2121 to the December average rate of 412.9819, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 482.8095 was down 13.54% compared to the 2016 peak of 558.3914, 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 KRW 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 455.7851, compared to 450.1269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6582 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 50.8172 KRW (High: 449.4372 / Low: 398.6200). On the other end, September was the most stable month, with a tight range of 6.6949 KRW (High: 463.2918 / Low: 456.5969).
Growth Streaks & Declines
TrendsBetween February and April, 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 27.7886 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 472.8364) against the same month in 2016 (average: 487.4618), the exchange rate shifted by -14.6254 (-3.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 455.4892 | 426.5338 | 438.2121 |
| February | 445.2106 | 423.4775 | 433.6094 |
| March | 470.9516 | 452.8135 | 459.8443 |
| April | 479.2245 | 458.4342 | 469.8766 |
| May | 468.7287 | 460.5465 | 464.2319 |
| June | 476.6931 | 461.2768 | 468.9364 |
| July | 482.8095 | 464.3042 | 472.8364 |
| August | 478.7926 | 462.9629 | 471.9499 |
| September | 463.2918 | 456.5969 | 459.5809 |
| October | 463.9614 | 439.5161 | 455.6005 |
| November | 449.4372 | 398.6200 | 427.8119 |
| December | 428.4580 | 399.6809 | 412.9819 |