2017 GEL to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 3163.6074. Conversely, the yearly low was recorded on January 6, dropping to 1996.4907.
This high-to-low spread represents a total annual volatility of 1167.1167 SLL. From a start-to-finish perspective, comparing the January average rate of 2557.9225 to the December average rate of 2915.8184, the exchange rate registered a net change of 13.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3163.6074 was up 27.77% compared to the 2016 peak of 2475.9363, 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 SLL 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 2946.9546, compared to 3046.6554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 99.7009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 795.6617 SLL (High: 2792.1524 / Low: 1996.4907). On the other end, June was the most stable month, with a tight range of 38.3997 SLL (High: 3131.5953 / Low: 3093.1956).
Growth Streaks & Declines
TrendsBetween 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 107.7519 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 3139.5829) against the same month in 2016 (average: 2399.1322), the exchange rate shifted by +740.4508 (+30.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2792.1524 | 1996.4907 | 2557.9225 |
| February | 2902.7943 | 2750.1302 | 2812.2712 |
| March | 3073.3627 | 2962.3279 | 3015.9247 |
| April | 3141.3460 | 3025.1403 | 3098.7965 |
| May | 3115.9664 | 3058.1101 | 3083.3077 |
| June | 3131.5953 | 3093.1956 | 3113.5050 |
| July | 3149.4006 | 3098.7710 | 3129.4551 |
| August | 3163.6074 | 3097.9189 | 3139.5829 |
| September | 3088.8237 | 3038.4569 | 3061.6452 |
| October | 3096.3349 | 3002.9726 | 3070.5915 |
| November | 3077.3559 | 2803.5853 | 2962.8395 |
| December | 3023.1968 | 2806.8436 | 2915.8184 |