YEARLY HIGH
0.4273 GEL
YEARLY LOW
0.3400 GEL
YEARLY AVERAGE
0.3783 GEL

2017 HRK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.4273. Conversely, the yearly low was recorded on April 17, dropping to 0.3400.

This high-to-low spread represents a total annual volatility of 0.0873 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3808 to the December average rate of 0.4126, the exchange rate registered a net change of 8.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4273 was up 10.26% compared to the 2016 peak of 0.3876, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,137 GEL
2016 Average 1,736 GEL
Yearly Trough Low 1,700 GEL
Transaction Impact: A difference of 436.74 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4192
0.3404
JanuMarcMayJulySeptNove

HRK 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 0.3644, compared to 0.3922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0279 points.

H1 Avg (Jan–Jun) 0.3644
H2 Avg (Jul–Dec) 0.3922

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0419 GEL (High: 0.4273 / Low: 0.3854). On the other end, October was the most stable month, with a tight range of 0.0084 GEL (High: 0.3944 / Low: 0.3861).

November Spread (Volatile) ±0.0419
October Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between April and September, 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 0.0213 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.4017) against the same month in 2016 (average: 0.3550), the exchange rate shifted by +0.0467 (+13.16%).

2017 Avg (November) 0.4017
2016 Avg (November) 0.3550

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3898 0.3649 0.3808
February 0.3901 0.3632 0.3767
March 0.3608 0.3481 0.3553
April 0.3608 0.3400 0.3470
May 0.3660 0.3560 0.3610
June 0.3714 0.3612 0.3654
July 0.3821 0.3670 0.3732
August 0.3903 0.3784 0.3827
September 0.3988 0.3880 0.3938
October 0.3944 0.3861 0.3894
November 0.4273 0.3854 0.4017
December 0.4272 0.3975 0.4126