YEARLY HIGH
0.0129 GEL
YEARLY LOW
0.0046 GEL
YEARLY AVERAGE
0.0090 GEL

2017 SYP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0129. Conversely, the yearly low was recorded on August 10, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0083 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0051, the exchange rate registered a net change of -59.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0129 was down 1.74% compared to the 2016 peak of 0.0131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 GEL
2016 Average 54 GEL
Yearly Trough Low 23 GEL
Transaction Impact: A difference of 41.31 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0134
0.0040
JanuMarcMayJulySeptNove

SYP 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 0.0117, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0065 GEL (High: 0.0111 / Low: 0.0046). On the other end, July was the most stable month, with a tight range of 0.0001 GEL (High: 0.0112 / Low: 0.0112).

August Spread (Volatile) ±0.0065
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0126) against the same month in 2016 (average: 0.0111), the exchange rate shifted by +0.0015 (+13.82%).

2017 Avg (January) 0.0126
2016 Avg (January) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0129 0.0124 0.0126
February 0.0126 0.0119 0.0123
March 0.0116 0.0114 0.0115
April 0.0115 0.0111 0.0113
May 0.0114 0.0112 0.0113
June 0.0113 0.0112 0.0112
July 0.0112 0.0112 0.0112
August 0.0111 0.0046 0.0065
September 0.0048 0.0047 0.0048
October 0.0049 0.0048 0.0048
November 0.0053 0.0048 0.0050
December 0.0053 0.0049 0.0051