YEARLY HIGH
1.5788 QAR
YEARLY LOW
1.3220 QAR
YEARLY AVERAGE
1.4735 QAR

2017 GEL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 1.5788. Conversely, the yearly low was recorded on January 8, dropping to 1.3220.

This high-to-low spread represents a total annual volatility of 0.2568 QAR. From a start-to-finish perspective, comparing the January average rate of 1.3500 to the December average rate of 1.3986, the exchange rate registered a net change of 3.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5788 was down 7.90% compared to the 2016 peak of 1.7143, 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 7,894 QAR
2016 Average 7,725 QAR
Yearly Trough Low 6,610 QAR
Transaction Impact: A difference of 1,284.15 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5476
1.3321
JanuMarcMayJulySeptNove

GEL to QAR 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 1.4576, compared to 1.4893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0317 points.

H1 Avg (Jan–Jun) 1.4576
H2 Avg (Jul–Dec) 1.4893

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2381 QAR (High: 1.5788 / Low: 1.3408). On the other end, August was the most stable month, with a tight range of 0.0223 QAR (High: 1.5378 / Low: 1.5155).

November Spread (Volatile) ±0.2381
August Spread (Stable) ±0.0223

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 November and December, when the average rate fell by 0.0782 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.4769) against the same month in 2016 (average: 1.4736), the exchange rate shifted by +0.0033 (+0.22%).

2017 Avg (November) 1.4769
2016 Avg (November) 1.4736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3741 1.3220 1.3500
February 1.4248 1.3502 1.3827
March 1.4963 1.4602 1.4767
April 1.5296 1.4737 1.5092
May 1.5150 1.4923 1.5017
June 1.5759 1.5019 1.5251
July 1.5599 1.5124 1.5296
August 1.5378 1.5155 1.5261
September 1.5143 1.4810 1.5015
October 1.5343 1.4550 1.5032
November 1.5788 1.3408 1.4769
December 1.4528 1.3524 1.3986