2017 GEL to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |