YEARLY HIGH
1.1354 XCD
YEARLY LOW
0.9813 XCD
YEARLY AVERAGE
1.0830 XCD

2017 GEL to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 1.1354. Conversely, the yearly low was recorded on January 8, dropping to 0.9813.

This high-to-low spread represents a total annual volatility of 0.1541 XCD. From a start-to-finish perspective, comparing the January average rate of 1.0020 to the December average rate of 1.0305, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1354 was down 10.80% compared to the 2016 peak of 1.2729, 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 5,677 XCD
2016 Average 5,730 XCD
Yearly Trough Low 4,907 XCD
Transaction Impact: A difference of 770.43 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1398
0.9895
JanuMarcMayJulySeptNove

GEL to XCD 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 1.0800, compared to 1.0859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 1.0800
H2 Avg (Jul–Dec) 1.0859

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0938 XCD (High: 1.0885 / Low: 0.9947). On the other end, July was the most stable month, with a tight range of 0.0073 XCD (High: 1.1299 / Low: 1.1226).

November Spread (Volatile) ±0.0938
July Spread (Stable) ±0.0073

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 0.0382 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.1202) against the same month in 2016 (average: 1.1980), the exchange rate shifted by -0.0778 (-6.50%).

2017 Avg (April) 1.1202
2016 Avg (April) 1.1980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0199 0.9813 1.0020
February 1.0575 1.0021 1.0263
March 1.1107 1.0838 1.0960
April 1.1354 1.0937 1.1202
May 1.1244 1.1076 1.1146
June 1.1248 1.1145 1.1210
July 1.1299 1.1226 1.1273
August 1.1327 1.1126 1.1272
September 1.1093 1.0894 1.0961
October 1.0945 1.0618 1.0863
November 1.0885 0.9947 1.0481
December 1.0683 0.9971 1.0305