YEARLY HIGH
1027.9011 MNT
YEARLY LOW
898.4215 MNT
YEARLY AVERAGE
975.2960 MNT

2017 GEL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 1027.9011. Conversely, the yearly low was recorded on November 28, dropping to 898.4215.

This high-to-low spread represents a total annual volatility of 129.4795 MNT. From a start-to-finish perspective, comparing the January average rate of 921.0113 to the December average rate of 926.9710, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1027.9011 was up 3.31% compared to the 2016 peak of 994.9648, 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 5,139,505 MNT
2016 Average 4,530,962 MNT
Yearly Trough Low 4,492,108 MNT
Transaction Impact: A difference of 647,397.71 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1026.7788
911.3961
JanuMarcMayJulySeptNove

GEL to MNT 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 972.0903, compared to 978.5018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4115 points.

H1 Avg (Jan–Jun) 972.0903
H2 Avg (Jul–Dec) 978.5018

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 87.5771 MNT (High: 985.9986 / Low: 898.4215). On the other end, June was the most stable month, with a tight range of 14.7186 MNT (High: 989.2598 / Low: 974.5412).

November Spread (Volatile) ±87.5771
June Spread (Stable) ±14.7186

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 37.0862 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -37.0862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1017.1636) against the same month in 2016 (average: 941.3904), the exchange rate shifted by +75.7732 (+8.05%).

2017 Avg (August) 1017.1636
2016 Avg (August) 941.3904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 938.6359 904.8420 921.0113
February 967.2714 909.0219 938.5379
March 1007.0884 982.6743 995.8605
April 1012.1697 978.1291 1002.0455
May 1005.4528 987.5613 993.5876
June 989.2598 974.5412 981.4987
July 1017.2781 974.8946 999.1863
August 1027.9011 999.2112 1017.1636
September 997.6892 978.1335 992.1607
October 995.9536 963.3573 986.3077
November 985.9986 898.4215 949.2215
December 958.7784 899.9039 926.9710