2017 GEL to TWD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to TWD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 12.7863. Conversely, the yearly low was recorded on November 28, dropping to 11.0397.
This high-to-low spread represents a total annual volatility of 1.7465 TWD. From a start-to-finish perspective, comparing the January average rate of 11.7622 to the December average rate of 11.4210, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 12.7863 was down 16.27% compared to the 2016 peak of 15.2703, 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 TWD 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 12.2480, compared to 12.1313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1166 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 1.1040 TWD (High: 12.1437 / Low: 11.0397). On the other end, July was the most stable month, with a tight range of 0.1767 TWD (High: 12.7863 / Low: 12.6095).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4912 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 12.6909) against the same month in 2016 (average: 13.7118), the exchange rate shifted by -1.0209 (-7.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.2286 | 11.5743 | 11.7622 |
| February | 11.9944 | 11.4680 | 11.7214 |
| March | 12.5925 | 12.2473 | 12.4319 |
| April | 12.7675 | 12.1917 | 12.5931 |
| May | 12.5384 | 12.3168 | 12.4272 |
| June | 12.6519 | 12.4158 | 12.5518 |
| July | 12.7863 | 12.6095 | 12.6909 |
| August | 12.6892 | 12.4275 | 12.6182 |
| September | 12.3626 | 12.1192 | 12.2205 |
| October | 12.3256 | 11.8526 | 12.1643 |
| November | 12.1437 | 11.0397 | 11.6731 |
| December | 11.8439 | 11.0745 | 11.4210 |