2017 MDL to GEL Historical Review

YEARLY HIGH

0.1584 GEL

YEARLY LOW

0.1225 GEL

YEARLY AVERAGE

0.1358 GEL

2017 MDL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MDL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.1584. Conversely, the yearly low was recorded on March 7, dropping to 0.1225.

This high-to-low spread represents a total annual volatility of 0.0359 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1345 to the December average rate of 0.1528, the exchange rate registered a net change of 13.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1584 was up 14.26% compared to the 2016 peak of 0.1386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 792 GEL

2016 Average 594 GEL

Yearly Trough Low 612 GEL

Transaction Impact: A difference of 179.52 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1555

0.1221

JanuMarcMayJulySeptNove

MDL 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 0.1300, compared to 0.1416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.1300

H2 Avg (Jul–Dec) 0.1416

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0178 GEL (High: 0.1584 / Low: 0.1405). On the other end, July was the most stable month, with a tight range of 0.0013 GEL (High: 0.1331 / Low: 0.1318).

November Spread (Volatile) ±0.0178

July Spread (Stable) ±0.0013

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 0.0068 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.1477) against the same month in 2016 (average: 0.1232), the exchange rate shifted by +0.0245 (+19.86%).

2017 Avg (November) 0.1477

2016 Avg (November) 0.1232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1369	0.1324	0.1345
February	0.1356	0.1286	0.1321
March	0.1271	0.1225	0.1253
April	0.1287	0.1233	0.1249
May	0.1333	0.1267	0.1308
June	0.1337	0.1313	0.1324
July	0.1331	0.1318	0.1324
August	0.1369	0.1325	0.1342
September	0.1409	0.1365	0.1396
October	0.1467	0.1398	0.1429
November	0.1584	0.1405	0.1477
December	0.1578	0.1473	0.1528