2017 LTL to GEL Historical Review

YEARLY HIGH

2.7480 GEL

YEARLY LOW

0.7499 GEL

YEARLY AVERAGE

2.1591 GEL

2017 LTL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LTL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.7480. Conversely, the yearly low was recorded on March 8, dropping to 0.7499.

This high-to-low spread represents a total annual volatility of 1.9982 GEL. From a start-to-finish perspective, comparing the January average rate of 1.2525 to the December average rate of 2.6242, the exchange rate registered a net change of 109.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.7480 was up 225.56% compared to the 2016 peak of 0.8441, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,740 GEL

2016 Average 3,827 GEL

Yearly Trough Low 3,749 GEL

Transaction Impact: A difference of 9,990.82 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.8103

0.5776

JanuMarcMayJulySeptNove

LTL 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 1.8257, compared to 2.4924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6667 points.

H1 Avg (Jan–Jun) 1.8257

H2 Avg (Jul–Dec) 2.4924

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1.9445 GEL (High: 2.7480 / Low: 0.8035). On the other end, July was the most stable month, with a tight range of 0.0155 GEL (High: 2.4074 / Low: 2.3919).

January Spread (Volatile) ±1.9445

July Spread (Stable) ±0.0155

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 1.0939 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.0939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.2525) against the same month in 2016 (average: 0.7833), the exchange rate shifted by +0.4692 (+59.91%).

2017 Avg (January) 1.2525

2016 Avg (January) 0.7833

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7480	0.8035	1.2525
February	2.6886	0.7827	1.8576
March	0.7733	0.7499	0.7636
April	2.4710	0.7529	2.2451
May	2.4401	2.4036	2.4247
June	2.4249	2.4027	2.4108
July	2.4074	2.3919	2.3974
August	2.4291	2.3860	2.3976
September	2.4807	2.4363	2.4658
October	2.5453	2.4693	2.4881
November	2.7170	2.4828	2.5814
December	2.7104	2.5297	2.6242