2017 GEL to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 2206.9519. Conversely, the yearly low was recorded on January 9, dropping to 0.3639.
This high-to-low spread represents a total annual volatility of 2206.5880 ZMK. From a start-to-finish perspective, comparing the January average rate of 1509.2076 to the December average rate of 0.3813, the exchange rate registered a net change of -99.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 2206.9519 was down 10.78% compared to the 2016 peak of 2473.6884, 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 ZMK 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 1263.7960, compared to 0.4018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1263.3942 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 2171.1506 ZMK (High: 2171.5609 / Low: 0.4103). On the other end, July was the most stable month, with a tight range of 0.0027 ZMK (High: 0.4181 / Low: 0.4154).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1272.5197 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 2177.1121) against the same month in 2016 (average: 2328.3091), the exchange rate shifted by -151.1970 (-6.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1981.9560 | 0.3639 | 1509.2076 |
| February | 2055.0867 | 0.3719 | 861.3276 |
| March | 2158.9518 | 2106.5893 | 2130.1214 |
| April | 2206.9519 | 2125.8732 | 2177.1121 |
| May | 2171.5609 | 0.4103 | 904.5924 |
| June | 0.4162 | 0.4124 | 0.4148 |
| July | 0.4181 | 0.4154 | 0.4171 |
| August | 0.4191 | 0.4117 | 0.4171 |
| September | 0.4105 | 0.4031 | 0.4056 |
| October | 0.4050 | 0.3929 | 0.4019 |
| November | 0.4028 | 0.3681 | 0.3878 |
| December | 0.3953 | 0.3689 | 0.3813 |