2016 AFN to GEL Historical Review

YEARLY HIGH

0.0422 GEL

YEARLY LOW

0.0307 GEL

YEARLY AVERAGE

0.0349 GEL

2016 AFN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0422. Conversely, the yearly low was recorded on June 10, dropping to 0.0307.

This high-to-low spread represents a total annual volatility of 0.0115 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0355 to the December average rate of 0.0399, the exchange rate registered a net change of 12.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0422 was up 5.02% compared to the 2015 peak of 0.0402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211 GEL

2015 Average 180 GEL

Yearly Trough Low 154 GEL

Transaction Impact: A difference of 57.60 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0408

0.0309

JanuMarcMayJulySeptNove

AFN 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 0.0338, compared to 0.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0338

H2 Avg (Jul–Dec) 0.0360

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0039 GEL (High: 0.0422 / Low: 0.0384). On the other end, July was the most stable month, with a tight range of 0.0005 GEL (High: 0.0342 / Low: 0.0338).

December Spread (Volatile) ±0.0039

July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0017 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0399) against the same month in 2015 (average: 0.0355), the exchange rate shifted by +0.0045 (+12.63%).

2016 Avg (December) 0.0399

2015 Avg (December) 0.0355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0363	0.0350	0.0355
February	0.0363	0.0358	0.0361
March	0.0360	0.0335	0.0347
April	0.0335	0.0326	0.0330
May	0.0326	0.0311	0.0318
June	0.0344	0.0307	0.0317
July	0.0342	0.0338	0.0341
August	0.0359	0.0338	0.0344
September	0.0356	0.0338	0.0346
October	0.0362	0.0354	0.0357
November	0.0382	0.0363	0.0373
December	0.0422	0.0384	0.0399