2017 GEL to PEN Historical Review

YEARLY HIGH

1.3709 PEN

YEARLY LOW

1.1897 PEN

YEARLY AVERAGE

1.3063 PEN

2017 GEL to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 1.3709. Conversely, the yearly low was recorded on November 28, dropping to 1.1897.

This high-to-low spread represents a total annual volatility of 0.1811 PEN. From a start-to-finish perspective, comparing the January average rate of 1.2377 to the December average rate of 1.2373, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3709 was down 13.00% compared to the 2016 peak of 1.5757, 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 6,854 PEN

2016 Average 7,154 PEN

Yearly Trough Low 5,949 PEN

Transaction Impact: A difference of 905.70 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3662

1.2256

JanuMarcMayJulySeptNove

GEL to PEN 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 1.3083, compared to 1.3043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 1.3083

H2 Avg (Jul–Dec) 1.3043

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1406 PEN (High: 1.3304 / Low: 1.1897). On the other end, July was the most stable month, with a tight range of 0.0129 PEN (High: 1.3607 / Low: 1.3478).

November Spread (Volatile) ±0.1406

July Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0482 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.3472) against the same month in 2016 (average: 1.4638), the exchange rate shifted by -0.1167 (-7.97%).

2017 Avg (April) 1.3472

2016 Avg (April) 1.4638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2732	1.2168	1.2377
February	1.2774	1.2051	1.2374
March	1.3430	1.3070	1.3232
April	1.3709	1.3154	1.3472
May	1.3627	1.3295	1.3496
June	1.3652	1.3438	1.3544
July	1.3607	1.3478	1.3544
August	1.3659	1.3345	1.3519
September	1.3331	1.3047	1.3165
October	1.3294	1.2760	1.3071
November	1.3304	1.1897	1.2589
December	1.2921	1.1934	1.2373