YEARLY HIGH
0.6663 GEL
YEARLY LOW
0.5395 GEL
YEARLY AVERAGE
0.5818 GEL

2017 MYR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.6663. Conversely, the yearly low was recorded on April 13, dropping to 0.5395.

This high-to-low spread represents a total annual volatility of 0.1267 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6050 to the December average rate of 0.6436, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6663 was up 6.60% compared to the 2016 peak of 0.6250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 13,325 GEL
2016 Average 11,411 GEL
Yearly Trough Low 10,791 GEL
Transaction Impact: A difference of 2,534.68 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6531
0.5384
JanuMarcMayJulySeptNove

MYR 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 0.5711, compared to 0.5925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.5711
H2 Avg (Jul–Dec) 0.5925

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0705 GEL (High: 0.6633 / Low: 0.5929). On the other end, July was the most stable month, with a tight range of 0.0042 GEL (High: 0.5608 / Low: 0.5566).

November Spread (Volatile) ±0.0705
July Spread (Stable) ±0.0042

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 0.0374 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.6436) against the same month in 2016 (average: 0.5950), the exchange rate shifted by +0.0486 (+8.16%).

2017 Avg (December) 0.6436
2016 Avg (December) 0.5950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6157 0.5899 0.6050
February 0.6092 0.5756 0.5929
March 0.5607 0.5498 0.5556
April 0.5684 0.5395 0.5479
May 0.5686 0.5560 0.5616
June 0.5666 0.5596 0.5636
July 0.5608 0.5566 0.5589
August 0.5688 0.5561 0.5597
September 0.5908 0.5705 0.5852
October 0.6015 0.5833 0.5884
November 0.6633 0.5929 0.6194
December 0.6663 0.6203 0.6436