2017 PGK to GEL Historical Review

YEARLY HIGH

0.8704 GEL

YEARLY LOW

0.7277 GEL

YEARLY AVERAGE

0.7839 GEL

2017 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8704. Conversely, the yearly low was recorded on April 19, dropping to 0.7277.

This high-to-low spread represents a total annual volatility of 0.1427 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8492 to the December average rate of 0.8157, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8704 was down 1.42% compared to the 2016 peak of 0.8830, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,352 GEL

2016 Average 3,777 GEL

Yearly Trough Low 3,638 GEL

Transaction Impact: A difference of 713.66 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8591

0.7404

JanuMarcMayJulySeptNove

PGK 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 0.7882, compared to 0.7795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.7882

H2 Avg (Jul–Dec) 0.7795

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0775 GEL (High: 0.8483 / Low: 0.7707). On the other end, September was the most stable month, with a tight range of 0.0171 GEL (High: 0.7775 / Low: 0.7604).

November Spread (Volatile) ±0.0775

September Spread (Stable) ±0.0171

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 0.0552 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.8492) against the same month in 2016 (average: 0.8080), the exchange rate shifted by +0.0412 (+5.10%).

2017 Avg (January) 0.8492

2016 Avg (January) 0.8080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8704	0.8327	0.8492
February	0.8502	0.8050	0.8331
March	0.7944	0.7627	0.7778
April	0.7793	0.7277	0.7503
May	0.7716	0.7411	0.7622
June	0.7677	0.7324	0.7565
July	0.7638	0.7283	0.7548
August	0.7649	0.7353	0.7538
September	0.7775	0.7604	0.7701
October	0.7929	0.7683	0.7778
November	0.8483	0.7707	0.8049
December	0.8436	0.7869	0.8157