2017 GEL to RSD Historical Review

YEARLY HIGH

48.9663 RSD

YEARLY LOW

36.9553 RSD

YEARLY AVERAGE

43.1388 RSD

2017 GEL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 48.9663. Conversely, the yearly low was recorded on November 30, dropping to 36.9553.

This high-to-low spread represents a total annual volatility of 12.0111 RSD. From a start-to-finish perspective, comparing the January average rate of 43.1631 to the December average rate of 38.2927, the exchange rate registered a net change of -11.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 48.9663 was down 5.24% compared to the 2016 peak of 51.6734, 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 244,832 RSD

2016 Average 235,725 RSD

Yearly Trough Low 184,776 RSD

Transaction Impact: A difference of 60,055.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

48.7881

37.3385

JanuMarcMayJulySeptNove

GEL to RSD 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 45.5124, compared to 40.7653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7471 points.

H1 Avg (Jan–Jun) 45.5124

H2 Avg (Jul–Dec) 40.7653

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 3.7696 RSD (High: 40.7249 / Low: 36.9553). On the other end, October was the most stable month, with a tight range of 0.9249 RSD (High: 41.0957 / Low: 40.1708).

November Spread (Volatile) ±3.7696

October Spread (Stable) ±0.9249

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 April and May, when the average rate fell by 1.9851 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9851

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 47.8339) against the same month in 2016 (average: 48.0076), the exchange rate shifted by -0.1737 (-0.36%).

2017 Avg (April) 47.8339

2016 Avg (April) 48.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.7083	42.5074	43.1631
February	45.8049	42.7114	44.2240
March	47.8783	46.2615	46.9768
April	48.9663	45.7052	47.8339
May	46.5961	45.1020	45.8489
June	45.5211	43.8382	45.0274
July	44.3795	42.4045	43.5233
August	42.8095	41.1808	42.1685
September	41.2526	40.1162	40.5888
October	41.0957	40.1708	40.7838
November	40.7249	36.9553	39.2346
December	39.6305	36.9999	38.2927