2017 GEL to TRY Historical Review

YEARLY HIGH

1.5949 TRY

YEARLY LOW

1.3138 TRY

YEARLY AVERAGE

1.4597 TRY

2017 GEL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 1.5949. Conversely, the yearly low was recorded on January 5, dropping to 1.3138.

This high-to-low spread represents a total annual volatility of 0.2811 TRY. From a start-to-finish perspective, comparing the January average rate of 1.3876 to the December average rate of 1.4634, the exchange rate registered a net change of 5.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5949 was up 14.49% compared to the 2016 peak of 1.3930, 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 7,975 TRY

2016 Average 6,401 TRY

Yearly Trough Low 6,569 TRY

Transaction Impact: A difference of 1,405.58 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5253

1.3750

JanuMarcMayJulySeptNove

GEL to TRY 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 1.4518, compared to 1.4675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 1.4518

H2 Avg (Jul–Dec) 1.4675

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1509 TRY (High: 1.5949 / Low: 1.4440). On the other end, June was the most stable month, with a tight range of 0.0276 TRY (High: 1.4736 / Low: 1.4460).

November Spread (Volatile) ±0.1509

June Spread (Stable) ±0.0276

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 August and September, when the average rate fell by 0.0551 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.5094) against the same month in 2016 (average: 1.3327), the exchange rate shifted by +0.1767 (+13.26%).

2017 Avg (November) 1.5094

2016 Avg (November) 1.3327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4398	1.3138	1.3876
February	1.4259	1.3750	1.3904
March	1.5276	1.4590	1.4892
April	1.5558	1.4455	1.5128
May	1.5041	1.4442	1.4712
June	1.4736	1.4460	1.4596
July	1.5114	1.4637	1.4832
August	1.4822	1.4212	1.4627
September	1.4445	1.3819	1.4076
October	1.5259	1.4438	1.4790
November	1.5949	1.4440	1.5094
December	1.5143	1.4213	1.4634