2017 GEL to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 2385.2133. Conversely, the yearly low was recorded on January 9, dropping to 2085.9572.
This high-to-low spread represents a total annual volatility of 299.2561 PYG. From a start-to-finish perspective, comparing the January average rate of 2127.3367 to the December average rate of 2157.6819, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2385.2133 was down 10.44% compared to the 2016 peak of 2663.1315, 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 PYG 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 2248.8879, compared to 2264.5871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.6992 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 215.1085 PYG (High: 2301.4752 / Low: 2086.3667). On the other end, August was the most stable month, with a tight range of 41.2066 PYG (High: 2356.3262 / Low: 2315.1196).
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 78.6795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 2321.6758) against the same month in 2016 (average: 2472.9275), the exchange rate shifted by -151.2517 (-6.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2165.2712 | 2085.9572 | 2127.3367 |
| February | 2237.7935 | 2125.6092 | 2170.9051 |
| March | 2367.9495 | 2169.7340 | 2238.3798 |
| April | 2385.2133 | 2234.7949 | 2321.6758 |
| May | 2354.2470 | 2279.9307 | 2320.7933 |
| June | 2352.5820 | 2292.3331 | 2314.2367 |
| July | 2328.2877 | 2269.8623 | 2310.5008 |
| August | 2356.3262 | 2315.1196 | 2330.5860 |
| September | 2330.8295 | 2281.7867 | 2305.8152 |
| October | 2310.0381 | 2231.8704 | 2280.8090 |
| November | 2301.4752 | 2086.3667 | 2202.1294 |
| December | 2242.4740 | 2092.2465 | 2157.6819 |