YEARLY HIGH
0.7776 GEL
YEARLY LOW
0.6496 GEL
YEARLY AVERAGE
0.6951 GEL

2017 ILS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.7776. Conversely, the yearly low was recorded on April 13, dropping to 0.6496.

This high-to-low spread represents a total annual volatility of 0.1281 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7069 to the December average rate of 0.7497, the exchange rate registered a net change of 6.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7776 was up 6.31% compared to the 2016 peak of 0.7315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,888 GEL
2016 Average 3,079 GEL
Yearly Trough Low 3,248 GEL
Transaction Impact: A difference of 640.30 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7585
0.6526
JanuMarcMayJulySeptNove

ILS 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 0.6848, compared to 0.7054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.6848
H2 Avg (Jul–Dec) 0.7054

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0734 GEL (High: 0.7762 / Low: 0.7028). On the other end, June was the most stable month, with a tight range of 0.0102 GEL (High: 0.6895 / Low: 0.6794).

November Spread (Volatile) ±0.0734
June 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 0.0324 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.7497) against the same month in 2016 (average: 0.6924), the exchange rate shifted by +0.0573 (+8.28%).

2017 Avg (December) 0.7497
2016 Avg (December) 0.6924

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7166 0.6859 0.7069
February 0.7175 0.6995 0.7074
March 0.6867 0.6642 0.6750
April 0.6792 0.6496 0.6614
May 0.6827 0.6656 0.6753
June 0.6895 0.6794 0.6829
July 0.6892 0.6702 0.6757
August 0.6782 0.6575 0.6660
September 0.7096 0.6813 0.6984
October 0.7229 0.6984 0.7086
November 0.7762 0.7028 0.7339
December 0.7776 0.7233 0.7497