YEARLY HIGH
259.6812 XOF
YEARLY LOW
203.2962 XOF
YEARLY AVERAGE
233.3281 XOF

2017 GEL to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 259.6812. Conversely, the yearly low was recorded on November 30, dropping to 203.2962.

This high-to-low spread represents a total annual volatility of 56.3850 XOF. From a start-to-finish perspective, comparing the January average rate of 229.4544 to the December average rate of 211.2073, the exchange rate registered a net change of -7.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 259.6812 was down 6.18% compared to the 2016 peak of 276.7918, 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 1,298,406 XOF
2016 Average 1,262,238 XOF
Yearly Trough Low 1,016,481 XOF
Transaction Impact: A difference of 281,924.93 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

258.3073
206.9255
JanuMarcMayJulySeptNove

GEL to XOF 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 242.5527, compared to 224.1035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.4492 points.

H1 Avg (Jan–Jun) 242.5527
H2 Avg (Jul–Dec) 224.1035

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 21.7108 XOF (High: 225.0070 / Low: 203.2962). On the other end, October was the most stable month, with a tight range of 5.1732 XOF (High: 226.3484 / Low: 221.1751).

November Spread (Volatile) ±21.7108
October Spread (Stable) ±5.1732

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 April and May, when the average rate fell by 9.1045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.1045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 254.0255) against the same month in 2016 (average: 258.1204), the exchange rate shifted by -4.0949 (-1.59%).

2017 Avg (April) 254.0255
2016 Avg (April) 258.1204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 236.8555 226.2179 229.4544
February 243.1003 226.5291 234.6463
March 254.2838 246.2113 249.5617
April 259.6812 243.7818 254.0255
May 248.5375 242.1304 244.9210
June 244.8087 239.3921 242.7072
July 241.8478 231.5946 237.6213
August 234.2617 226.6410 231.4707
September 226.9814 221.2387 223.2969
October 226.3484 221.1751 224.3591
November 225.0070 203.2962 216.6654
December 218.7581 203.4926 211.2073