2017 SZL to GEL Historical Review

YEARLY HIGH

0.2115 GEL

YEARLY LOW

0.1718 GEL

YEARLY AVERAGE

0.1879 GEL

2017 SZL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SZL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2115. Conversely, the yearly low was recorded on November 15, dropping to 0.1718.

This high-to-low spread represents a total annual volatility of 0.0397 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1991 to the December average rate of 0.1998, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2115 was up 5.72% compared to the 2016 peak of 0.2001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,057 GEL

2016 Average 807 GEL

Yearly Trough Low 859 GEL

Transaction Impact: A difference of 198.50 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2018

0.1772

JanuMarcMayJulySeptNove

SZL 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 0.1898, compared to 0.1860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1898

H2 Avg (Jul–Dec) 0.1860

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0268 GEL (High: 0.1986 / Low: 0.1718). On the other end, June was the most stable month, with a tight range of 0.0064 GEL (High: 0.1902 / Low: 0.1838).

November Spread (Volatile) ±0.0268

June Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0118 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1998) against the same month in 2016 (average: 0.1912), the exchange rate shifted by +0.0086 (+4.51%).

2017 Avg (December) 0.1998

2016 Avg (December) 0.1912

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2022	0.1924	0.1991
February	0.2029	0.1959	0.1995
March	0.1956	0.1815	0.1910
April	0.1877	0.1731	0.1792
May	0.1876	0.1780	0.1830
June	0.1902	0.1838	0.1872
July	0.1870	0.1776	0.1825
August	0.1872	0.1775	0.1812
September	0.1919	0.1827	0.1876
October	0.1859	0.1772	0.1818
November	0.1986	0.1718	0.1830
December	0.2115	0.1940	0.1998