2017 NOK to GEL Historical Review

YEARLY HIGH

0.3332 GEL

YEARLY LOW

0.2753 GEL

YEARLY AVERAGE

0.3026 GEL

2017 NOK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.3332. Conversely, the yearly low was recorded on April 22, dropping to 0.2753.

This high-to-low spread represents a total annual volatility of 0.0579 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3187 to the December average rate of 0.3158, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3332 was up 3.32% compared to the 2016 peak of 0.3225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,666 GEL

2016 Average 1,407 GEL

Yearly Trough Low 1,377 GEL

Transaction Impact: A difference of 289.54 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3225

0.2770

JanuMarcMayJulySeptNove

NOK 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 0.2960, compared to 0.3092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.2960

H2 Avg (Jul–Dec) 0.3092

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0336 GEL (High: 0.3332 / Low: 0.2996). On the other end, June was the most stable month, with a tight range of 0.0068 GEL (High: 0.2882 / Low: 0.2814).

November Spread (Volatile) ±0.0336

June Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0263 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.3155) against the same month in 2016 (average: 0.2935), the exchange rate shifted by +0.0220 (+7.50%).

2017 Avg (November) 0.3155

2016 Avg (November) 0.2935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3270	0.3066	0.3187
February	0.3276	0.3043	0.3162
March	0.2958	0.2832	0.2900
April	0.2879	0.2753	0.2808
May	0.2894	0.2805	0.2853
June	0.2882	0.2814	0.2850
July	0.3041	0.2854	0.2941
August	0.3132	0.2996	0.3040
September	0.3193	0.3105	0.3148
October	0.3142	0.3059	0.3111
November	0.3332	0.2996	0.3155
December	0.3272	0.3014	0.3158