2017 MZN to GEL Historical Review

YEARLY HIGH

0.0448 GEL

YEARLY LOW

0.0340 GEL

YEARLY AVERAGE

0.0390 GEL

2017 MZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0448. Conversely, the yearly low was recorded on May 24, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0109 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0439, the exchange rate registered a net change of 15.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0448 was down 18.76% compared to the 2016 peak of 0.0552, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224 GEL

2016 Average 195 GEL

Yearly Trough Low 170 GEL

Transaction Impact: A difference of 54.28 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0448

0.0348

JanuMarcMayJulySeptNove

MZN 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 0.0370, compared to 0.0410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0370

H2 Avg (Jul–Dec) 0.0410

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0065 GEL (High: 0.0405 / Low: 0.0340). On the other end, September was the most stable month, with a tight range of 0.0008 GEL (High: 0.0406 / Low: 0.0398).

June Spread (Volatile) ±0.0065

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0018 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0439) against the same month in 2016 (average: 0.0364), the exchange rate shifted by +0.0075 (+20.64%).

2017 Avg (December) 0.0439

2016 Avg (December) 0.0364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0390	0.0372	0.0381
February	0.0383	0.0365	0.0375
March	0.0361	0.0350	0.0356
April	0.0376	0.0355	0.0365
May	0.0382	0.0340	0.0358
June	0.0405	0.0340	0.0387
July	0.0404	0.0392	0.0396
August	0.0398	0.0389	0.0392
September	0.0406	0.0398	0.0401
October	0.0418	0.0398	0.0407
November	0.0446	0.0407	0.0424
December	0.0448	0.0428	0.0439