2017 GEL to MRO Historical Review

YEARLY HIGH

153.2018 MRO

YEARLY LOW

129.8241 MRO

YEARLY AVERAGE

144.2482 MRO

2017 GEL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 153.2018. Conversely, the yearly low was recorded on January 9, dropping to 129.8241.

This high-to-low spread represents a total annual volatility of 23.3777 MRO. From a start-to-finish perspective, comparing the January average rate of 132.9643 to the December average rate of 135.4833, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 153.2018 was down 8.64% compared to the 2016 peak of 167.6856, 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 766,009 MRO

2016 Average 744,710 MRO

Yearly Trough Low 649,120 MRO

Transaction Impact: A difference of 116,888.61 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

153.4764

131.0996

JanuMarcMayJulySeptNove

GEL to MRO 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 143.6926, compared to 144.8039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1113 points.

H1 Avg (Jan–Jun) 143.6926

H2 Avg (Jul–Dec) 144.8039

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 13.1256 MRO (High: 143.4486 / Low: 130.3229). On the other end, July was the most stable month, with a tight range of 2.2028 MRO (High: 151.7905 / Low: 149.5876).

November Spread (Volatile) ±13.1256

July Spread (Stable) ±2.2028

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 7.5131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.5131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 151.6116) against the same month in 2016 (average: 153.3740), the exchange rate shifted by -1.7623 (-1.15%).

2017 Avg (August) 151.6116

2016 Avg (August) 153.3740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	135.6300	129.8241	132.9643
February	140.4746	132.8634	136.3327
March	148.3274	142.8675	145.6880
April	151.5318	145.5510	149.2752
May	150.0274	146.9925	148.4570
June	150.4761	147.8325	149.4385
July	151.7905	149.5876	150.7771
August	153.2018	149.5149	151.6116
September	150.5813	146.9266	148.1792
October	148.6823	139.3940	145.1427
November	143.4486	130.3229	137.6295
December	140.3490	131.0889	135.4833