2017 GEL to MZN Historical Review

YEARLY HIGH

29.4506 MZN

YEARLY LOW

22.3163 MZN

YEARLY AVERAGE

25.7451 MZN

2017 GEL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 29.4506. Conversely, the yearly low was recorded on December 11, dropping to 22.3163.

This high-to-low spread represents a total annual volatility of 7.1343 MZN. From a start-to-finish perspective, comparing the January average rate of 26.2286 to the December average rate of 22.7721, the exchange rate registered a net change of -13.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 29.4506 was down 12.45% compared to the 2016 peak of 33.6394, 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 147,253 MZN

2016 Average 132,664 MZN

Yearly Trough Low 111,581 MZN

Transaction Impact: A difference of 35,671.46 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

28.5871

22.2435

JanuMarcMayJulySeptNove

GEL to MZN 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 27.0554, compared to 24.4348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6206 points.

H1 Avg (Jan–Jun) 27.0554

H2 Avg (Jul–Dec) 24.4348

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 4.7263 MZN (High: 29.4081 / Low: 24.6818). On the other end, September was the most stable month, with a tight range of 0.4973 MZN (High: 25.1036 / Low: 24.6063).

June Spread (Volatile) ±4.7263

September Spread (Stable) ±0.4973

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.0344 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 27.9793) against the same month in 2016 (average: 25.1588), the exchange rate shifted by +2.8205 (+11.21%).

2017 Avg (May) 27.9793

2016 Avg (May) 25.1588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.8846	25.6533	26.2286
February	27.3953	26.1425	26.6871
March	28.5342	27.6744	28.0585
April	28.1527	26.5692	27.4342
May	29.4506	26.1657	27.9793
June	29.4081	24.6818	25.9449
July	25.5200	24.7447	25.2454
August	25.6803	25.1105	25.4888
September	25.1036	24.6063	24.9558
October	25.1117	23.9257	24.5451
November	24.5461	22.4029	23.6014
December	23.3517	22.3163	22.7721