2017 GEL to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 245.1554. Conversely, the yearly low was recorded on January 8, dropping to 208.9509.
This high-to-low spread represents a total annual volatility of 36.2045 SOS. From a start-to-finish perspective, comparing the January average rate of 214.2448 to the December average rate of 221.1489, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 245.1554 was down 14.20% compared to the 2016 peak of 285.7151, 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 SOS 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 231.2866, compared to 232.7862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4996 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 21.9489 SOS (High: 234.5747 / Low: 212.6258). On the other end, September was the most stable month, with a tight range of 5.1840 SOS (High: 238.5318 / Low: 233.3478).
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 8.2695 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 241.0666) against the same month in 2016 (average: 248.8125), the exchange rate shifted by -7.7459 (-3.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 218.7040 | 208.9509 | 214.2448 |
| February | 225.5811 | 215.2257 | 219.8473 |
| March | 238.4652 | 229.6860 | 234.4279 |
| April | 244.1021 | 233.6198 | 240.2622 |
| May | 243.7046 | 236.1896 | 238.6921 |
| June | 244.0826 | 237.3752 | 240.2452 |
| July | 245.1554 | 238.5003 | 241.0666 |
| August | 244.8733 | 237.2655 | 241.3181 |
| September | 238.5318 | 233.3478 | 235.6221 |
| October | 235.9858 | 227.2809 | 232.9155 |
| November | 234.5747 | 212.6258 | 224.6460 |
| December | 231.4759 | 213.4805 | 221.1489 |