YEARLY HIGH
0.7611 GEL
YEARLY LOW
0.6270 GEL
YEARLY AVERAGE
0.6858 GEL

2017 TRY to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.7611. Conversely, the yearly low was recorded on November 21, dropping to 0.6270.

This high-to-low spread represents a total annual volatility of 0.1342 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7213 to the December average rate of 0.6836, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7611 was down 10.80% compared to the 2016 peak of 0.8533, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 38,057 GEL
2016 Average 39,127 GEL
Yearly Trough Low 31,349 GEL
Transaction Impact: A difference of 6,707.65 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7273
0.6554
JanuMarcMayJulySeptNove

TRY 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 0.6897, compared to 0.6819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.6897
H2 Avg (Jul–Dec) 0.6819

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0666 GEL (High: 0.7611 / Low: 0.6946). On the other end, June was the most stable month, with a tight range of 0.0130 GEL (High: 0.6915 / Low: 0.6786).

January Spread (Volatile) ±0.0666
June Spread (Stable) ±0.0130

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 February and March, when the average rate fell by 0.0477 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.7213) against the same month in 2016 (average: 0.8119), the exchange rate shifted by -0.0905 (-11.15%).

2017 Avg (January) 0.7213
2016 Avg (January) 0.8119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7611 0.6946 0.7213
February 0.7273 0.7013 0.7193
March 0.6854 0.6546 0.6716
April 0.6918 0.6428 0.6614
May 0.6924 0.6649 0.6798
June 0.6915 0.6786 0.6851
July 0.6832 0.6616 0.6743
August 0.7036 0.6747 0.6838
September 0.7236 0.6923 0.7105
October 0.6926 0.6554 0.6763
November 0.6925 0.6270 0.6631
December 0.7036 0.6604 0.6836