YEARLY HIGH
0.3708 GEL
YEARLY LOW
0.3236 GEL
YEARLY AVERAGE
0.3400 GEL

2017 GTQ to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GTQ to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.3708. Conversely, the yearly low was recorded on April 14, dropping to 0.3236.

This high-to-low spread represents a total annual volatility of 0.0472 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3588 to the December average rate of 0.3569, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3708 was down 1.26% compared to the 2016 peak of 0.3755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,854 GEL
2016 Average 1,555 GEL
Yearly Trough Low 1,618 GEL
Transaction Impact: A difference of 235.96 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3619
0.3253
JanuMarcMayJulySeptNove

GTQ 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 0.3395, compared to 0.3405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.3395
H2 Avg (Jul–Dec) 0.3405

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0337 GEL (High: 0.3708 / Low: 0.3371). On the other end, June was the most stable month, with a tight range of 0.0044 GEL (High: 0.3314 / Low: 0.3270).

November Spread (Volatile) ±0.0337
June Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0200 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.3518) against the same month in 2016 (average: 0.3292), the exchange rate shifted by +0.0226 (+6.87%).

2017 Avg (November) 0.3518
2016 Avg (November) 0.3292

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3668 0.3509 0.3588
February 0.3623 0.3468 0.3553
March 0.3414 0.3308 0.3353
April 0.3370 0.3236 0.3285
May 0.3340 0.3277 0.3307
June 0.3314 0.3270 0.3285
July 0.3323 0.3258 0.3284
August 0.3348 0.3261 0.3299
September 0.3405 0.3326 0.3375
October 0.3465 0.3346 0.3385
November 0.3708 0.3371 0.3518
December 0.3687 0.3444 0.3569