2017 GEL to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 973.2015. Conversely, the yearly low was recorded on January 9, dropping to 792.6600.
This high-to-low spread represents a total annual volatility of 180.5416 TZS. From a start-to-finish perspective, comparing the January average rate of 821.8675 to the December average rate of 854.8499, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 973.2015 was down 5.65% compared to the 2016 peak of 1031.5182, 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 TZS 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 891.1173, compared to 902.1288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.0115 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 147.5560 TZS (High: 973.2015 / Low: 825.6455). On the other end, July was the most stable month, with a tight range of 9.5907 TZS (High: 936.2330 / Low: 926.6422).
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 25.0037 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 878.0590) against the same month in 2016 (average: 882.2320), the exchange rate shifted by -4.1731 (-0.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 843.7955 | 792.6600 | 821.8675 |
| February | 872.3063 | 824.4336 | 846.5917 |
| March | 920.8190 | 890.9280 | 903.9036 |
| April | 940.8636 | 905.0109 | 926.0463 |
| May | 930.7342 | 912.2814 | 921.7950 |
| June | 930.9055 | 917.0729 | 926.5000 |
| July | 936.2330 | 926.6422 | 933.0922 |
| August | 951.1129 | 922.1064 | 933.9266 |
| September | 920.7189 | 902.8903 | 909.7825 |
| October | 917.7706 | 883.4875 | 903.0627 |
| November | 973.2015 | 825.6455 | 878.0590 |
| December | 887.5396 | 828.7820 | 854.8499 |