2017 GEL to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 3320.6545. Conversely, the yearly low was recorded on January 9, dropping to 1156.6970.
This high-to-low spread represents a total annual volatility of 2163.9575 UZS. From a start-to-finish perspective, comparing the January average rate of 1201.2529 to the December average rate of 3086.6767, the exchange rate registered a net change of 156.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3320.6545 was up 139.91% compared to the 2016 peak of 1384.1343, 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 UZS 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 1425.5918, compared to 2655.4035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1229.8117 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 1601.2661 UZS (High: 3320.6545 / Low: 1719.3884). On the other end, August was the most stable month, with a tight range of 44.3238 UZS (High: 1749.5415 / Low: 1705.2177).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 109.2609 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 3070.6860) against the same month in 2016 (average: 1295.0739), the exchange rate shifted by +1775.6121 (+137.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1232.0122 | 1156.6970 | 1201.2529 |
| February | 1308.1942 | 1213.0592 | 1252.2711 |
| March | 1494.2103 | 1318.9574 | 1403.0257 |
| April | 1549.5416 | 1480.3178 | 1519.7504 |
| May | 1599.4927 | 1524.1153 | 1559.6803 |
| June | 1641.9099 | 1578.4065 | 1617.5706 |
| July | 1704.9720 | 1642.3264 | 1673.2264 |
| August | 1749.5415 | 1705.2177 | 1727.5808 |
| September | 3320.6545 | 1719.3884 | 3070.6860 |
| October | 3281.8748 | 3171.2159 | 3241.7560 |
| November | 3266.8413 | 2966.2277 | 3132.4951 |
| December | 3199.9836 | 2987.7746 | 3086.6767 |