YEARLY HIGH
574.3856 MMK
YEARLY LOW
491.4822 MMK
YEARLY AVERAGE
545.4999 MMK

2017 GEL to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 574.3856. Conversely, the yearly low was recorded on January 8, dropping to 491.4822.

This high-to-low spread represents a total annual volatility of 82.9034 MMK. From a start-to-finish perspective, comparing the January average rate of 503.1387 to the December average rate of 517.9248, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 574.3856 was up 2.41% compared to the 2016 peak of 560.8916, 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 2,871,928 MMK
2016 Average 2,615,715 MMK
Yearly Trough Low 2,457,411 MMK
Transaction Impact: A difference of 414,516.99 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

574.7699
496.6268
JanuMarcMayJulySeptNove

GEL to MMK 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 544.6373, compared to 546.3624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7252 points.

H1 Avg (Jan–Jun) 544.6373
H2 Avg (Jul–Dec) 546.3624

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 52.0689 MMK (High: 549.9137 / Low: 497.8449). On the other end, July was the most stable month, with a tight range of 11.5810 MMK (High: 574.3856 / Low: 562.8046).

November Spread (Volatile) ±52.0689
July Spread (Stable) ±11.5810

Growth Streaks & Declines

Trends

Between January and April, 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 21.8785 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -21.8785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 568.2580) against the same month in 2016 (average: 503.5673), the exchange rate shifted by +64.6907 (+12.85%).

2017 Avg (July) 568.2580
2016 Avg (July) 503.5673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 516.2668 491.4822 503.1387
February 535.5389 502.1215 519.7258
March 562.9988 544.4665 554.1293
April 572.5635 553.3092 563.7223
May 570.3780 553.0962 562.1924
June 570.5470 557.9402 564.9151
July 574.3856 562.8046 568.2580
August 574.3215 556.8325 567.1920
September 561.3635 545.9040 551.9987
October 555.3943 532.6380 547.3398
November 549.9137 497.8449 525.4613
December 539.3760 500.6625 517.9248