2017 SAR to GEL Historical Review

YEARLY HIGH

0.7343 GEL

YEARLY LOW

0.6345 GEL

YEARLY AVERAGE

0.6666 GEL

2017 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.7343. Conversely, the yearly low was recorded on April 16, dropping to 0.6345.

This high-to-low spread represents a total annual volatility of 0.0998 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7192 to the December average rate of 0.6998, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7343 was down 1.63% compared to the 2016 peak of 0.7464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,671 GEL

2016 Average 3,152 GEL

Yearly Trough Low 3,172 GEL

Transaction Impact: A difference of 499.02 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7272

0.6313

JanuMarcMayJulySeptNove

SAR 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 0.6686, compared to 0.6646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.6686

H2 Avg (Jul–Dec) 0.6646

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0624 GEL (High: 0.7245 / Low: 0.6621). On the other end, July was the most stable month, with a tight range of 0.0041 GEL (High: 0.6419 / Low: 0.6379).

November Spread (Volatile) ±0.0624

July Spread (Stable) ±0.0041

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 0.0447 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.7192) against the same month in 2016 (average: 0.6493), the exchange rate shifted by +0.0700 (+10.78%).

2017 Avg (January) 0.7192

2016 Avg (January) 0.6493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7343	0.7064	0.7192
February	0.7192	0.6815	0.7023
March	0.6650	0.6488	0.6576
April	0.6589	0.6345	0.6433
May	0.6507	0.6409	0.6465
June	0.6466	0.6406	0.6428
July	0.6419	0.6379	0.6393
August	0.6477	0.6362	0.6393
September	0.6615	0.6497	0.6575
October	0.6787	0.6584	0.6634
November	0.7245	0.6621	0.6883
December	0.7227	0.6745	0.6998