2017 GEL to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 50.3158. Conversely, the yearly low was recorded on January 11, dropping to 33.3477.
This high-to-low spread represents a total annual volatility of 16.9682 LRD. From a start-to-finish perspective, comparing the January average rate of 34.7195 to the December average rate of 47.8513, the exchange rate registered a net change of 37.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 50.3158 was up 18.08% compared to the 2016 peak of 42.6125, 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 LRD 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 37.5741, compared to 46.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4502 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 10.5922 LRD (High: 48.2035 / Low: 37.6113). On the other end, September was the most stable month, with a tight range of 0.6935 LRD (High: 47.6423 / Low: 46.9488).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2756 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 47.7696) against the same month in 2016 (average: 36.8430), the exchange rate shifted by +10.9266 (+29.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.3449 | 33.3477 | 34.7195 |
| February | 36.7802 | 34.8549 | 35.7789 |
| March | 38.8770 | 37.6236 | 38.1078 |
| April | 39.7004 | 38.0395 | 39.0513 |
| May | 39.2004 | 38.1817 | 38.8279 |
| June | 39.3292 | 38.5721 | 38.9592 |
| July | 39.2973 | 37.5159 | 38.6835 |
| August | 48.2035 | 37.6113 | 46.8640 |
| September | 47.6423 | 46.9488 | 47.4114 |
| October | 47.8206 | 46.8879 | 47.5659 |
| November | 50.3158 | 45.9800 | 47.7696 |
| December | 49.6108 | 46.3121 | 47.8513 |