YEARLY HIGH
0.7564 GEL
YEARLY LOW
0.6334 GEL
YEARLY AVERAGE
0.6800 GEL

2017 QAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.7564. Conversely, the yearly low was recorded on November 21, dropping to 0.6334.

This high-to-low spread represents a total annual volatility of 0.1230 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7408 to the December average rate of 0.7153, the exchange rate registered a net change of -3.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7564 was down 1.62% compared to the 2016 peak of 0.7689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,782 GEL
2016 Average 3,247 GEL
Yearly Trough Low 3,167 GEL
Transaction Impact: A difference of 615.23 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7495
0.6451
JanuMarcMayJulySeptNove

QAR 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 0.6876, compared to 0.6724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.6876
H2 Avg (Jul–Dec) 0.6724

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1125 GEL (High: 0.7458 / Low: 0.6334). On the other end, August was the most stable month, with a tight range of 0.0096 GEL (High: 0.6598 / Low: 0.6503).

November Spread (Volatile) ±0.1125
August Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0461 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.7408) against the same month in 2016 (average: 0.6690), the exchange rate shifted by +0.0718 (+10.73%).

2017 Avg (January) 0.7408
2016 Avg (January) 0.6690

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7564 0.7277 0.7408
February 0.7406 0.7019 0.7234
March 0.6848 0.6683 0.6772
April 0.6786 0.6538 0.6627
May 0.6701 0.6601 0.6659
June 0.6658 0.6346 0.6558
July 0.6612 0.6411 0.6538
August 0.6598 0.6503 0.6553
September 0.6752 0.6604 0.6660
October 0.6873 0.6518 0.6654
November 0.7458 0.6334 0.6786
December 0.7394 0.6883 0.7153