YEARLY HIGH
0.4048 GEL
YEARLY LOW
0.3090 GEL
YEARLY AVERAGE
0.3427 GEL

2016 BOB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.4048. Conversely, the yearly low was recorded on June 8, dropping to 0.3090.

This high-to-low spread represents a total annual volatility of 0.0958 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3527 to the December average rate of 0.3834, the exchange rate registered a net change of 8.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4048 was up 13.75% compared to the 2015 peak of 0.3558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,024 GEL
2015 Average 1,598 GEL
Yearly Trough Low 1,545 GEL
Transaction Impact: A difference of 479.04 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3901
0.3095
JanuMarcMayJulySeptNove

BOB 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 0.3372, compared to 0.3483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.3372
H2 Avg (Jul–Dec) 0.3483

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0352 GEL (High: 0.4048 / Low: 0.3696). On the other end, February was the most stable month, with a tight range of 0.0045 GEL (High: 0.3621 / Low: 0.3576).

December Spread (Volatile) ±0.0352
February Spread (Stable) ±0.0045

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 March and April, when the average rate fell by 0.0192 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.3834) against the same month in 2015 (average: 0.3468), the exchange rate shifted by +0.0366 (+10.55%).

2016 Avg (December) 0.3834
2015 Avg (December) 0.3468

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3603 0.3468 0.3527
February 0.3621 0.3576 0.3602
March 0.3610 0.3348 0.3473
April 0.3372 0.3220 0.3281
May 0.3223 0.3102 0.3162
June 0.3423 0.3090 0.3184
July 0.3418 0.3358 0.3395
August 0.3407 0.3280 0.3350
September 0.3383 0.3303 0.3339
October 0.3455 0.3364 0.3405
November 0.3681 0.3465 0.3573
December 0.4048 0.3696 0.3834