2017 GEL to TJS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to TJS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 3.7399. Conversely, the yearly low was recorded on January 9, dropping to 2.8572.
This high-to-low spread represents a total annual volatility of 0.8826 TJS. From a start-to-finish perspective, comparing the January average rate of 2.9295 to the December average rate of 3.3624, the exchange rate registered a net change of 14.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.7399 was up 0.93% compared to the 2016 peak of 3.7055, 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 TJS 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 3.3541, compared to 3.5382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1842 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 0.3141 TJS (High: 3.7399 / Low: 3.4257). On the other end, June was the most stable month, with a tight range of 0.0541 TJS (High: 3.6687 / Low: 3.6146).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1215 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 3.5929) against the same month in 2016 (average: 3.4883), the exchange rate shifted by +0.1046 (+3.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9797 | 2.8572 | 2.9295 |
| February | 3.1580 | 2.9324 | 3.0304 |
| March | 3.4257 | 3.2162 | 3.3034 |
| April | 3.7399 | 3.4257 | 3.5929 |
| May | 3.6595 | 3.4905 | 3.6182 |
| June | 3.6687 | 3.6146 | 3.6499 |
| July | 3.6964 | 3.6204 | 3.6657 |
| August | 3.7093 | 3.6119 | 3.6707 |
| September | 3.6319 | 3.5468 | 3.5750 |
| October | 3.5834 | 3.4585 | 3.5385 |
| November | 3.5599 | 3.2461 | 3.4171 |
| December | 3.4817 | 3.2531 | 3.3624 |