YEARLY HIGH
482.8095 KRW
YEARLY LOW
398.6200 KRW
YEARLY AVERAGE
452.9560 KRW

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 2,414,048 KRW
2016 Average 2,460,901 KRW
Yearly Trough Low 1,993,100 KRW
Transaction Impact: A difference of 420,947.86 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

478.8218
406.9964
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 455.7851
H2 Avg (Jul–Dec) 450.1269

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±50.8172
September Spread (Stable) ±6.6949

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -27.7886

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (July) 472.8364
2016 Avg (July) 487.4618

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