YEARLY HIGH
0.0421 GEL
YEARLY LOW
0.0367 GEL
YEARLY AVERAGE
0.0384 GEL

2017 INR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the INR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.0421. Conversely, the yearly low was recorded on March 8, dropping to 0.0367.

This high-to-low spread represents a total annual volatility of 0.0054 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0409, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0421 was up 2.10% compared to the 2016 peak of 0.0413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 10,535 GEL
2016 Average 8,797 GEL
Yearly Trough Low 9,179 GEL
Transaction Impact: A difference of 1,356.01 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0412
0.0368
JanuMarcMayJulySeptNove

INR 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 0.0381, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0381
H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0042 GEL (High: 0.0421 / Low: 0.0380). On the other end, July was the most stable month, with a tight range of 0.0004 GEL (High: 0.0374 / Low: 0.0370).

November Spread (Volatile) ±0.0042
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0398) against the same month in 2016 (average: 0.0365), the exchange rate shifted by +0.0033 (+8.98%).

2017 Avg (November) 0.0398
2016 Avg (November) 0.0365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0404 0.0388 0.0396
February 0.0401 0.0383 0.0393
March 0.0380 0.0367 0.0374
April 0.0386 0.0369 0.0374
May 0.0381 0.0371 0.0376
June 0.0377 0.0371 0.0374
July 0.0374 0.0370 0.0372
August 0.0380 0.0372 0.0375
September 0.0387 0.0378 0.0383
October 0.0394 0.0377 0.0382
November 0.0421 0.0380 0.0398
December 0.0421 0.0395 0.0409