YEARLY HIGH
1.8535 MYR
YEARLY LOW
1.5009 MYR
YEARLY AVERAGE
1.7231 MYR

2017 GEL to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 1.8535. Conversely, the yearly low was recorded on December 4, dropping to 1.5009.

This high-to-low spread represents a total annual volatility of 0.3526 MYR. From a start-to-finish perspective, comparing the January average rate of 1.6532 to the December average rate of 1.5548, the exchange rate registered a net change of -5.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.8535 was down 4.52% compared to the 2016 peak of 1.9413, 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 9,267 MYR
2016 Average 8,776 MYR
Yearly Trough Low 7,505 MYR
Transaction Impact: A difference of 1,762.82 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8526
1.5277
JanuMarcMayJulySeptNove

GEL to MYR 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 1.7534, compared to 1.6928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0607 points.

H1 Avg (Jan–Jun) 1.7534
H2 Avg (Jul–Dec) 1.6928

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1792 MYR (High: 1.6867 / Low: 1.5075). On the other end, July was the most stable month, with a tight range of 0.0133 MYR (High: 1.7965 / Low: 1.7832).

November Spread (Volatile) ±0.1792
July Spread (Stable) ±0.0133

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 0.0824 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.8255) against the same month in 2016 (average: 1.7286), the exchange rate shifted by +0.0969 (+5.60%).

2017 Avg (April) 1.8255
2016 Avg (April) 1.7286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6953 1.6242 1.6532
February 1.7373 1.6415 1.6870
March 1.8188 1.7835 1.8001
April 1.8535 1.7594 1.8255
May 1.7985 1.7587 1.7805
June 1.7869 1.7650 1.7744
July 1.7965 1.7832 1.7894
August 1.7981 1.7581 1.7867
September 1.7529 1.6925 1.7090
October 1.7144 1.6625 1.6997
November 1.6867 1.5075 1.6173
December 1.6122 1.5009 1.5548