YEARLY HIGH
2206.9519 ZMK
YEARLY LOW
0.3639 ZMK
YEARLY AVERAGE
632.0989 ZMK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 11,034,760 ZMK
2016 Average 11,139,462 ZMK
Yearly Trough Low 1,819 ZMK
Transaction Impact: A difference of 11,032,940.14 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2394.7851
-217.2918
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1263.7960
H2 Avg (Jul–Dec) 0.4018

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±2171.1506
July Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1272.5197

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (April) 2177.1121
2016 Avg (April) 2328.3091

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