2017 NGN to GEL Historical Review

YEARLY HIGH

0.0091 GEL

YEARLY LOW

0.0065 GEL

YEARLY AVERAGE

0.0075 GEL

2017 NGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0091. Conversely, the yearly low was recorded on August 5, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0026 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0073, the exchange rate registered a net change of -15.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0091 was down 27.86% compared to the 2016 peak of 0.0126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 9,054 GEL

2016 Average 9,602 GEL

Yearly Trough Low 6,466 GEL

Transaction Impact: A difference of 2,588.02 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0088

0.0065

JanuMarcMayJulySeptNove

NGN 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 0.0080, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0080

H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0011 GEL (High: 0.0076 / Low: 0.0065). On the other end, October was the most stable month, with a tight range of 0.0002 GEL (High: 0.0071 / Low: 0.0069).

August Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0086) against the same month in 2016 (average: 0.0122), the exchange rate shifted by -0.0036 (-29.59%).

2017 Avg (January) 0.0086

2016 Avg (January) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0091	0.0084	0.0086
February	0.0088	0.0081	0.0084
March	0.0081	0.0077	0.0079
April	0.0079	0.0075	0.0077
May	0.0078	0.0074	0.0076
June	0.0077	0.0069	0.0076
July	0.0078	0.0068	0.0076
August	0.0076	0.0065	0.0067
September	0.0070	0.0068	0.0069
October	0.0071	0.0069	0.0069
November	0.0076	0.0069	0.0072
December	0.0075	0.0070	0.0073