2017 WST to GEL Historical Review

YEARLY HIGH

1.0709 GEL

YEARLY LOW

0.9206 GEL

YEARLY AVERAGE

0.9882 GEL

2017 WST to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the WST to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 1.0709. Conversely, the yearly low was recorded on April 14, dropping to 0.9206.

This high-to-low spread represents a total annual volatility of 0.1503 GEL. From a start-to-finish perspective, comparing the January average rate of 1.0517 to the December average rate of 1.0306, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0709 was down 2.86% compared to the 2016 peak of 1.1025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,355 GEL

2016 Average 4,648 GEL

Yearly Trough Low 4,603 GEL

Transaction Impact: A difference of 751.34 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0628

0.9293

JanuMarcMayJulySeptNove

WST 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 0.9830, compared to 0.9934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.9830

H2 Avg (Jul–Dec) 0.9934

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0994 GEL (High: 1.0696 / Low: 0.9702). On the other end, June was the most stable month, with a tight range of 0.0178 GEL (High: 0.9625 / Low: 0.9447).

November Spread (Volatile) ±0.0994

June Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0709 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.0517) against the same month in 2016 (average: 0.9391), the exchange rate shifted by +0.1126 (+11.99%).

2017 Avg (January) 1.0517

2016 Avg (January) 0.9391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0709	1.0229	1.0517
February	1.0700	1.0114	1.0398
March	0.9966	0.9518	0.9690
April	0.9699	0.9206	0.9404
May	0.9560	0.9315	0.9446
June	0.9625	0.9447	0.9523
July	0.9741	0.9466	0.9602
August	0.9863	0.9592	0.9740
September	1.0089	0.9750	0.9894
October	1.0067	0.9774	0.9901
November	1.0696	0.9702	1.0162
December	1.0647	0.9876	1.0306