YEARLY HIGH
0.6477 GEL
YEARLY LOW
0.5187 GEL
YEARLY AVERAGE
0.5685 GEL

2017 GHS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.6477. Conversely, the yearly low was recorded on March 6, dropping to 0.5187.

This high-to-low spread represents a total annual volatility of 0.1290 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6286 to the December average rate of 0.5818, the exchange rate registered a net change of -7.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6477 was down 2.00% compared to the 2016 peak of 0.6609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,238 GEL
2016 Average 2,993 GEL
Yearly Trough Low 2,593 GEL
Transaction Impact: A difference of 644.93 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6372
0.5342
JanuMarcMayJulySeptNove

GHS to GEL 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 0.5758, compared to 0.5611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.5758
H2 Avg (Jul–Dec) 0.5611

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0656 GEL (High: 0.6164 / Low: 0.5507). On the other end, July was the most stable month, with a tight range of 0.0102 GEL (High: 0.5516 / Low: 0.5414).

February Spread (Volatile) ±0.0656
July Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0473 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.6286) against the same month in 2016 (average: 0.6260), the exchange rate shifted by +0.0026 (+0.41%).

2017 Avg (January) 0.6286
2016 Avg (January) 0.6260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6477 0.6160 0.6286
February 0.6164 0.5507 0.5920
March 0.5683 0.5187 0.5446
April 0.5860 0.5605 0.5721
May 0.5830 0.5477 0.5667
June 0.5661 0.5421 0.5510
July 0.5516 0.5414 0.5466
August 0.5497 0.5343 0.5428
September 0.5633 0.5471 0.5567
October 0.5792 0.5577 0.5657
November 0.5936 0.5371 0.5731
December 0.6060 0.5587 0.5818