2017 GEL to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 21.5370. Conversely, the yearly low was recorded on January 8, dropping to 17.9891.
This high-to-low spread represents a total annual volatility of 3.5479 PHP. From a start-to-finish perspective, comparing the January average rate of 18.4446 to the December average rate of 19.1728, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 21.5370 was down 1.45% compared to the 2016 peak of 21.8538, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GEL to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.9456, compared to 20.4345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4890 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 2.0567 PHP (High: 20.5794 / Low: 18.5227). On the other end, July was the most stable month, with a tight range of 0.3008 PHP (High: 21.2573 / Low: 20.9565).
Growth Streaks & Declines
TrendsBetween 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 0.9010 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 21.2522) against the same month in 2016 (average: 20.1151), the exchange rate shifted by +1.1370 (+5.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.7967 | 17.9891 | 18.4446 |
| February | 19.6680 | 18.4529 | 18.9842 |
| March | 20.6530 | 20.1331 | 20.3678 |
| April | 20.8748 | 20.1891 | 20.6492 |
| May | 20.7528 | 20.3846 | 20.5487 |
| June | 21.0021 | 20.2997 | 20.6787 |
| July | 21.2573 | 20.9565 | 21.1117 |
| August | 21.5370 | 21.0215 | 21.2522 |
| September | 20.9615 | 20.4516 | 20.6738 |
| October | 20.7875 | 20.2886 | 20.6489 |
| November | 20.5794 | 18.5227 | 19.7479 |
| December | 19.8498 | 18.5426 | 19.1728 |