YEARLY HIGH
0.1466 GEL
YEARLY LOW
0.1213 GEL
YEARLY AVERAGE
0.1323 GEL

2017 MXN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MXN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.1466. Conversely, the yearly low was recorded on January 19, dropping to 0.1213.

This high-to-low spread represents a total annual volatility of 0.0253 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1264 to the December average rate of 0.1366, the exchange rate registered a net change of 8.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1466 was up 5.16% compared to the 2016 peak of 0.1394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 7,329 GEL
2016 Average 6,333 GEL
Yearly Trough Low 6,064 GEL
Transaction Impact: A difference of 1,265.39 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1395
0.1252
JanuMarcMayJulySeptNove

MXN 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 0.1292, compared to 0.1355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1292
H2 Avg (Jul–Dec) 0.1355

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0174 GEL (High: 0.1455 / Low: 0.1281). On the other end, April was the most stable month, with a tight range of 0.0037 GEL (High: 0.1305 / Low: 0.1268).

December Spread (Volatile) ±0.0174
April Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0062 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.1365) against the same month in 2016 (average: 0.1232), the exchange rate shifted by +0.0133 (+10.79%).

2017 Avg (November) 0.1365
2016 Avg (November) 0.1232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1299 0.1213 0.1264
February 0.1320 0.1270 0.1299
March 0.1306 0.1242 0.1280
April 0.1305 0.1268 0.1288
May 0.1314 0.1268 0.1292
June 0.1349 0.1295 0.1328
July 0.1373 0.1308 0.1345
August 0.1369 0.1330 0.1347
September 0.1398 0.1354 0.1383
October 0.1357 0.1300 0.1321
November 0.1466 0.1292 0.1365
December 0.1455 0.1281 0.1366