2017 GEL to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 25.4056. Conversely, the yearly low was recorded on November 28, dropping to 21.5010.
This high-to-low spread represents a total annual volatility of 3.9046 RUB. From a start-to-finish perspective, comparing the January average rate of 22.2005 to the December average rate of 22.3290, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 25.4056 was down 24.42% compared to the 2016 peak of 33.6152, 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 RUB 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 23.1489, compared to 23.5680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4191 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 2.7813 RUB (High: 24.2822 / Low: 21.5010). On the other end, September was the most stable month, with a tight range of 0.4872 RUB (High: 23.6016 / Low: 23.1143).
Growth Streaks & Declines
TrendsBetween April and July, 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 August and September, when the average rate fell by 1.4010 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 24.8566) against the same month in 2016 (average: 27.4955), the exchange rate shifted by -2.6390 (-9.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.0872 | 21.6471 | 22.2005 |
| February | 22.8465 | 21.6523 | 22.1859 |
| March | 24.0232 | 22.9538 | 23.4563 |
| April | 23.8368 | 22.9766 | 23.4431 |
| May | 24.0024 | 23.2149 | 23.5552 |
| June | 25.0318 | 23.2982 | 24.0522 |
| July | 25.4056 | 24.4993 | 24.8566 |
| August | 25.2910 | 23.8825 | 24.7772 |
| September | 23.6016 | 23.1143 | 23.3761 |
| October | 23.5501 | 22.8331 | 23.2053 |
| November | 24.2822 | 21.5010 | 22.8638 |
| December | 23.2038 | 21.7270 | 22.3290 |