YEARLY HIGH
0.2078 GEL
YEARLY LOW
0.1733 GEL
YEARLY AVERAGE
0.1841 GEL

2017 SCR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SCR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2078. Conversely, the yearly low was recorded on June 15, dropping to 0.1733.

This high-to-low spread represents a total annual volatility of 0.0345 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2017 to the December average rate of 0.1884, the exchange rate registered a net change of -6.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2078 was down 0.88% compared to the 2016 peak of 0.2096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,039 GEL
2016 Average 891 GEL
Yearly Trough Low 866 GEL
Transaction Impact: A difference of 172.58 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2042
0.1741
JanuMarcMayJulySeptNove

SCR 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 0.1863, compared to 0.1819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1863
H2 Avg (Jul–Dec) 0.1819

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0298 GEL (High: 0.2051 / Low: 0.1753). On the other end, September was the most stable month, with a tight range of 0.0050 GEL (High: 0.1836 / Low: 0.1787).

November Spread (Volatile) ±0.0298
September Spread (Stable) ±0.0050

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 0.0127 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2017) against the same month in 2016 (average: 0.1863), the exchange rate shifted by +0.0154 (+8.26%).

2017 Avg (January) 0.2017
2016 Avg (January) 0.1863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2078 0.1956 0.2017
February 0.2025 0.1901 0.1959
March 0.1891 0.1787 0.1832
April 0.1828 0.1748 0.1790
May 0.1825 0.1759 0.1790
June 0.1832 0.1733 0.1790
July 0.1830 0.1740 0.1771
August 0.1820 0.1738 0.1766
September 0.1836 0.1787 0.1809
October 0.1856 0.1791 0.1816
November 0.2051 0.1753 0.1869
December 0.2018 0.1816 0.1884