YEARLY HIGH
43.6089 NPR
YEARLY LOW
37.8494 NPR
YEARLY AVERAGE
41.7198 NPR

2017 GEL to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 43.6089. Conversely, the yearly low was recorded on November 30, dropping to 37.8494.

This high-to-low spread represents a total annual volatility of 5.7596 NPR. From a start-to-finish perspective, comparing the January average rate of 40.3810 to the December average rate of 39.1869, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 43.6089 was down 13.55% compared to the 2016 peak of 50.4461, 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 218,045 NPR
2016 Average 227,904 NPR
Yearly Trough Low 189,247 NPR
Transaction Impact: A difference of 28,797.86 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

43.3420
38.8091
JanuMarcMayJulySeptNove

GEL to NPR 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 41.9787, compared to 41.4609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5178 points.

H1 Avg (Jan–Jun) 41.9787
H2 Avg (Jul–Dec) 41.4609

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 4.2131 NPR (High: 42.0624 / Low: 37.8494). On the other end, June was the most stable month, with a tight range of 0.6669 NPR (High: 42.9510 / Low: 42.2841).

November Spread (Volatile) ±4.2131
June Spread (Stable) ±0.6669

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 1.6197 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 42.7362) against the same month in 2016 (average: 45.1170), the exchange rate shifted by -2.3807 (-5.28%).

2017 Avg (March) 42.7362
2016 Avg (March) 45.1170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.2293 39.4915 40.3810
February 41.7653 39.8555 40.7114
March 43.6089 41.9118 42.7362
April 43.4061 41.4673 42.8252
May 43.0429 41.9229 42.4960
June 42.9510 42.2841 42.7224
July 43.3100 42.5260 42.9642
August 43.0174 41.9074 42.6725
September 42.5315 41.2960 41.8542
October 42.5833 40.6622 41.8537
November 42.0624 37.8494 40.2339
December 40.4704 38.0406 39.1869