YEARLY HIGH
0.1795 GEL
YEARLY LOW
0.1539 GEL
YEARLY AVERAGE
0.1620 GEL

2017 MVR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1795. Conversely, the yearly low was recorded on June 10, dropping to 0.1539.

This high-to-low spread represents a total annual volatility of 0.0256 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1755 to the December average rate of 0.1704, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1795 was down 1.41% compared to the 2016 peak of 0.1821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 898 GEL
2016 Average 774 GEL
Yearly Trough Low 770 GEL
Transaction Impact: A difference of 128.04 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1776
0.1528
JanuMarcMayJulySeptNove

MVR 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 0.1622, compared to 0.1619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1622
H2 Avg (Jul–Dec) 0.1619

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0159 GEL (High: 0.1775 / Low: 0.1616). On the other end, July was the most stable month, with a tight range of 0.0015 GEL (High: 0.1558 / Low: 0.1542).

November Spread (Volatile) ±0.0159
July Spread (Stable) ±0.0015

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 0.0113 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1755) against the same month in 2016 (average: 0.1592), the exchange rate shifted by +0.0164 (+10.27%).

2017 Avg (January) 0.1755
2016 Avg (January) 0.1592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1795 0.1722 0.1755
February 0.1748 0.1642 0.1704
March 0.1610 0.1570 0.1591
April 0.1604 0.1546 0.1563
May 0.1587 0.1544 0.1567
June 0.1556 0.1539 0.1549
July 0.1558 0.1542 0.1549
August 0.1692 0.1543 0.1564
September 0.1610 0.1577 0.1600
October 0.1653 0.1602 0.1615
November 0.1775 0.1616 0.1681
December 0.1760 0.1643 0.1704