YEARLY HIGH
1.5761 SAR
YEARLY LOW
1.3619 SAR
YEARLY AVERAGE
1.5028 SAR

2017 GEL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 1.5761. Conversely, the yearly low was recorded on January 8, dropping to 1.3619.

This high-to-low spread represents a total annual volatility of 0.2142 SAR. From a start-to-finish perspective, comparing the January average rate of 1.3906 to the December average rate of 1.4299, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5761 was down 10.76% compared to the 2016 peak of 1.7661, 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 7,880 SAR
2016 Average 7,957 SAR
Yearly Trough Low 6,809 SAR
Transaction Impact: A difference of 1,071.11 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5816
1.3732
JanuMarcMayJulySeptNove

GEL to SAR 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 1.4988, compared to 1.5069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 1.4988
H2 Avg (Jul–Dec) 1.5069

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1301 SAR (High: 1.5104 / Low: 1.3803). On the other end, July was the most stable month, with a tight range of 0.0100 SAR (High: 1.5677 / Low: 1.5578).

November Spread (Volatile) ±0.1301
July Spread (Stable) ±0.0100

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 October and November, when the average rate fell by 0.0530 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0530

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.5548) against the same month in 2016 (average: 1.6623), the exchange rate shifted by -0.1075 (-6.47%).

2017 Avg (April) 1.5548
2016 Avg (April) 1.6623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4156 1.3619 1.3906
February 1.4674 1.3904 1.4242
March 1.5412 1.5038 1.5209
April 1.5761 1.5178 1.5548
May 1.5602 1.5369 1.5468
June 1.5611 1.5466 1.5556
July 1.5677 1.5578 1.5643
August 1.5718 1.5439 1.5641
September 1.5392 1.5117 1.5210
October 1.5187 1.4734 1.5074
November 1.5104 1.3803 1.4544
December 1.4825 1.3837 1.4299