YEARLY HIGH
0.5874 SGD
YEARLY LOW
0.4953 SGD
YEARLY AVERAGE
0.5532 SGD

2017 GEL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.5874. Conversely, the yearly low was recorded on November 28, dropping to 0.4953.

This high-to-low spread represents a total annual volatility of 0.0921 SGD. From a start-to-finish perspective, comparing the January average rate of 0.5301 to the December average rate of 0.5133, the exchange rate registered a net change of -3.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5874 was down 8.89% compared to the 2016 peak of 0.6447, 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 2,937 SGD
2016 Average 2,927 SGD
Yearly Trough Low 2,476 SGD
Transaction Impact: A difference of 460.67 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5862
0.5067
JanuMarcMayJulySeptNove

GEL to SGD 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 0.5610, compared to 0.5454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.5610
H2 Avg (Jul–Dec) 0.5454

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0516 SGD (High: 0.5469 / Low: 0.4953). On the other end, June was the most stable month, with a tight range of 0.0075 SGD (High: 0.5774 / Low: 0.5699).

November Spread (Volatile) ±0.0516
June Spread (Stable) ±0.0075

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 0.0206 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.5796) against the same month in 2016 (average: 0.5986), the exchange rate shifted by -0.0191 (-3.18%).

2017 Avg (April) 0.5796
2016 Avg (April) 0.5986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5467 0.5211 0.5301
February 0.5504 0.5236 0.5371
March 0.5781 0.5625 0.5699
April 0.5874 0.5647 0.5796
May 0.5804 0.5708 0.5752
June 0.5774 0.5699 0.5740
July 0.5790 0.5658 0.5716
August 0.5719 0.5583 0.5675
September 0.5574 0.5430 0.5475
October 0.5520 0.5352 0.5465
November 0.5469 0.4953 0.5259
December 0.5319 0.4968 0.5133