YEARLY HIGH
1.0862 WST
YEARLY LOW
0.9338 WST
YEARLY AVERAGE
1.0135 WST

2017 GEL to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 1.0862. Conversely, the yearly low was recorded on January 30, dropping to 0.9338.

This high-to-low spread represents a total annual volatility of 0.1524 WST. From a start-to-finish perspective, comparing the January average rate of 0.9510 to the December average rate of 0.9709, the exchange rate registered a net change of 2.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0862 was down 9.72% compared to the 2016 peak of 1.2032, 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 5,431 WST
2016 Average 5,395 WST
Yearly Trough Low 4,669 WST
Transaction Impact: A difference of 762.07 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0748
0.9397
JanuMarcMayJulySeptNove

GEL to WST 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 1.0196, compared to 1.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0121 points.

H1 Avg (Jan–Jun) 1.0196
H2 Avg (Jul–Dec) 1.0075

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0958 WST (High: 1.0307 / Low: 0.9349). On the other end, June was the most stable month, with a tight range of 0.0195 WST (High: 1.0586 / Low: 1.0390).

November Spread (Volatile) ±0.0958
June Spread (Stable) ±0.0195

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 October and November, when the average rate fell by 0.0250 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.0636) against the same month in 2016 (average: 1.1150), the exchange rate shifted by -0.0515 (-4.61%).

2017 Avg (April) 1.0636
2016 Avg (April) 1.1150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9776 0.9338 0.9510
February 0.9887 0.9346 0.9619
March 1.0506 1.0034 1.0321
April 1.0862 1.0310 1.0636
May 1.0735 1.0460 1.0588
June 1.0586 1.0390 1.0501
July 1.0564 1.0266 1.0415
August 1.0425 1.0139 1.0268
September 1.0257 0.9912 1.0107
October 1.0231 0.9934 1.0101
November 1.0307 0.9349 0.9851
December 1.0125 0.9392 0.9709