2016 BND to GEL Historical Review

YEARLY HIGH

1.9399 GEL

YEARLY LOW

1.5512 GEL

YEARLY AVERAGE

1.7117 GEL

2016 BND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.9399. Conversely, the yearly low was recorded on June 1, dropping to 1.5512.

This high-to-low spread represents a total annual volatility of 0.3887 GEL. From a start-to-finish perspective, comparing the January average rate of 1.7021 to the December average rate of 1.8471, the exchange rate registered a net change of 8.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9399 was up 8.68% compared to the 2015 peak of 1.7849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,699 GEL

2015 Average 8,023 GEL

Yearly Trough Low 7,756 GEL

Transaction Impact: A difference of 1,943.59 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8725

1.5676

JanuMarcMayJulySeptNove

BND 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 1.6808, compared to 1.7425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0617 points.

H1 Avg (Jan–Jun) 1.6808

H2 Avg (Jul–Dec) 1.7425

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1966 GEL (High: 1.7478 / Low: 1.5512). On the other end, October was the most stable month, with a tight range of 0.0284 GEL (High: 1.7180 / Low: 1.6896).

June Spread (Volatile) ±0.1966

October Spread (Stable) ±0.0284

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0784 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.8471) against the same month in 2015 (average: 1.7015), the exchange rate shifted by +0.1456 (+8.56%).

2016 Avg (December) 1.8471

2015 Avg (December) 1.7015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7414	1.6786	1.7021
February	1.7881	1.7390	1.7679
March	1.7918	1.6834	1.7314
April	1.7044	1.6506	1.6714
May	1.6596	1.5512	1.5930
June	1.7478	1.5512	1.6190
July	1.7500	1.7210	1.7338
August	1.7544	1.6811	1.7200
September	1.7179	1.6827	1.6993
October	1.7180	1.6896	1.7031
November	1.7814	1.7233	1.7519
December	1.9399	1.7964	1.8471