YEARLY HIGH
0.0264 GEL
YEARLY LOW
0.0229 GEL
YEARLY AVERAGE
0.0240 GEL

2017 NPR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NPR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0264. Conversely, the yearly low was recorded on March 8, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0035 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0248 to the December average rate of 0.0255, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0264 was up 2.32% compared to the 2016 peak of 0.0258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132 GEL
2016 Average 110 GEL
Yearly Trough Low 115 GEL
Transaction Impact: A difference of 17.45 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0258
0.0231
JanuMarcMayJulySeptNove

NPR 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 0.0238, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0238
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0026 GEL (High: 0.0264 / Low: 0.0238). On the other end, June was the most stable month, with a tight range of 0.0004 GEL (High: 0.0236 / Low: 0.0233).

November Spread (Volatile) ±0.0026
June Spread (Stable) ±0.0004

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 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0249) against the same month in 2016 (average: 0.0229), the exchange rate shifted by +0.0020 (+8.84%).

2017 Avg (November) 0.0249
2016 Avg (November) 0.0229

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0253 0.0243 0.0248
February 0.0251 0.0239 0.0246
March 0.0239 0.0229 0.0234
April 0.0241 0.0230 0.0234
May 0.0239 0.0232 0.0235
June 0.0236 0.0233 0.0234
July 0.0235 0.0231 0.0233
August 0.0239 0.0232 0.0234
September 0.0242 0.0235 0.0239
October 0.0246 0.0235 0.0239
November 0.0264 0.0238 0.0249
December 0.0263 0.0247 0.0255