2016 BGN to GEL Historical Review

YEARLY HIGH

1.4925 GEL

YEARLY LOW

1.2173 GEL

YEARLY AVERAGE

1.3367 GEL

2016 BGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.4925. Conversely, the yearly low was recorded on May 31, dropping to 1.2173.

This high-to-low spread represents a total annual volatility of 0.2752 GEL. From a start-to-finish perspective, comparing the January average rate of 1.3534 to the December average rate of 1.4293, the exchange rate registered a net change of 5.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4925 was up 4.50% compared to the 2015 peak of 1.4283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,462 GEL

2015 Average 6,257 GEL

Yearly Trough Low 6,086 GEL

Transaction Impact: A difference of 1,376.09 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.4462

1.2431

JanuMarcMayJulySeptNove

BGN 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 1.3239, compared to 1.3495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 1.3239

H2 Avg (Jul–Dec) 1.3495

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1183 GEL (High: 1.3392 / Low: 1.2210). On the other end, July was the most stable month, with a tight range of 0.0255 GEL (High: 1.3427 / Low: 1.3172).

June Spread (Volatile) ±0.1183

July Spread (Stable) ±0.0255

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0577 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.4293) against the same month in 2015 (average: 1.3340), the exchange rate shifted by +0.0952 (+7.14%).

2016 Avg (December) 1.4293

2015 Avg (December) 1.3340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3840	1.3287	1.3534
February	1.4364	1.3723	1.4096
March	1.3874	1.3160	1.3519
April	1.3395	1.2840	1.3080
May	1.3104	1.2173	1.2601
June	1.3392	1.2210	1.2605
July	1.3427	1.3172	1.3247
August	1.3458	1.3101	1.3277
September	1.3408	1.3062	1.3234
October	1.3418	1.3110	1.3283
November	1.3832	1.3419	1.3634
December	1.4925	1.3917	1.4293