YEARLY HIGH
14.4841 THB
YEARLY LOW
11.9911 THB
YEARLY AVERAGE
13.5940 THB

2017 GEL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 14.4841. Conversely, the yearly low was recorded on November 28, dropping to 11.9911.

This high-to-low spread represents a total annual volatility of 2.4930 THB. From a start-to-finish perspective, comparing the January average rate of 13.1475 to the December average rate of 12.4423, the exchange rate registered a net change of -5.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.4841 was down 13.31% compared to the 2016 peak of 16.7085, 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 72,421 THB
2016 Average 74,830 THB
Yearly Trough Low 59,956 THB
Transaction Impact: A difference of 12,464.91 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.4716
12.2579
JanuMarcMayJulySeptNove

GEL to THB 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 13.8633, compared to 13.3246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5387 points.

H1 Avg (Jan–Jun) 13.8633
H2 Avg (Jul–Dec) 13.3246

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.3132 THB (High: 13.3043 / Low: 11.9911). On the other end, June was the most stable month, with a tight range of 0.1325 THB (High: 14.1772 / Low: 14.0447).

November Spread (Volatile) ±1.3132
June Spread (Stable) ±0.1325

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 0.5896 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5896

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 14.2871) against the same month in 2016 (average: 15.5487), the exchange rate shifted by -1.2616 (-8.11%).

2017 Avg (April) 14.2871
2016 Avg (April) 15.5487

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.5514 12.9302 13.1475
February 13.6757 13.0077 13.2935
March 14.3939 14.0193 14.1459
April 14.4841 13.9473 14.2871
May 14.3449 14.0467 14.2055
June 14.1772 14.0447 14.1004
July 14.2686 13.8930 14.0640
August 13.9447 13.6679 13.8691
September 13.6102 13.3403 13.4493
October 13.5296 13.0492 13.3562
November 13.3043 11.9911 12.7666
December 12.9417 12.0247 12.4423