YEARLY HIGH
140.9149 KZT
YEARLY LOW
119.4417 KZT
YEARLY AVERAGE
130.6456 KZT

2017 GEL to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 140.9149. Conversely, the yearly low was recorded on January 31, dropping to 119.4417.

This high-to-low spread represents a total annual volatility of 21.4732 KZT. From a start-to-finish perspective, comparing the January average rate of 122.7320 to the December average rate of 127.2960, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 140.9149 was down 11.07% compared to the 2016 peak of 158.4547, 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 704,574 KZT
2016 Average 724,995 KZT
Yearly Trough Low 597,208 KZT
Transaction Impact: A difference of 107,366.05 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

140.6534
119.7608
JanuMarcMayJulySeptNove

GEL to KZT 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 127.2873, compared to 134.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7164 points.

H1 Avg (Jan–Jun) 127.2873
H2 Avg (Jul–Dec) 134.0038

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 12.4041 KZT (High: 133.9471 / Low: 121.5430). On the other end, September was the most stable month, with a tight range of 2.8435 KZT (High: 139.3759 / Low: 136.5325).

November Spread (Volatile) ±12.4041
September Spread (Stable) ±2.8435

Growth Streaks & Declines

Trends

Between May and August, 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 6.6453 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.6453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 138.9123) against the same month in 2016 (average: 148.4529), the exchange rate shifted by -9.5406 (-6.43%).

2017 Avg (August) 138.9123
2016 Avg (August) 148.4529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 126.2024 119.4417 122.7320
February 123.0953 119.7895 121.5019
March 130.0587 125.8117 128.1648
April 131.2189 126.6660 129.7299
May 131.0951 128.1766 129.4330
June 136.2315 128.7128 132.1625
July 137.4248 133.5923 135.5949
August 140.9149 137.0272 138.9123
September 139.3759 136.5325 137.8559
October 140.0981 131.3700 135.5044
November 133.9471 121.5430 128.8591
December 132.2110 122.2582 127.2960