2017 GEL to NZD Historical Review

YEARLY HIGH

0.6024 NZD

YEARLY LOW

0.5080 NZD

YEARLY AVERAGE

0.5638 NZD

2017 GEL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.6024. Conversely, the yearly low was recorded on January 30, dropping to 0.5080.

This high-to-low spread represents a total annual volatility of 0.0945 NZD. From a start-to-finish perspective, comparing the January average rate of 0.5207 to the December average rate of 0.5472, the exchange rate registered a net change of 5.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6024 was down 13.41% compared to the 2016 peak of 0.6957, 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 3,012 NZD

2016 Average 3,046 NZD

Yearly Trough Low 2,540 NZD

Transaction Impact: A difference of 472.35 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6017

0.5134

JanuMarcMayJulySeptNove

GEL to NZD 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 0.5647, compared to 0.5629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.5647

H2 Avg (Jul–Dec) 0.5629

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0584 NZD (High: 0.5918 / Low: 0.5334). On the other end, April was the most stable month, with a tight range of 0.0154 NZD (High: 0.6005 / Low: 0.5851).

November Spread (Volatile) ±0.0584

April Spread (Stable) ±0.0154

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 May and June, when the average rate fell by 0.0197 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.5938) against the same month in 2016 (average: 0.6750), the exchange rate shifted by -0.0812 (-12.02%).

2017 Avg (May) 0.5938

2016 Avg (May) 0.6750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5453	0.5080	0.5207
February	0.5455	0.5086	0.5261
March	0.5898	0.5639	0.5791
April	0.6005	0.5851	0.5943
May	0.6024	0.5836	0.5938
June	0.5849	0.5668	0.5741
July	0.5787	0.5543	0.5661
August	0.5778	0.5614	0.5708
September	0.5737	0.5498	0.5595
October	0.5841	0.5611	0.5706
November	0.5918	0.5334	0.5632
December	0.5663	0.5357	0.5472