2016 BZD to GEL Historical Review

YEARLY HIGH

1.3958 GEL

YEARLY LOW

1.0631 GEL

YEARLY AVERAGE

1.1827 GEL

2016 BZD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BZD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.3958. Conversely, the yearly low was recorded on June 7, dropping to 1.0631.

This high-to-low spread represents a total annual volatility of 0.3327 GEL. From a start-to-finish perspective, comparing the January average rate of 1.2210 to the December average rate of 1.3231, the exchange rate registered a net change of 8.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3958 was up 13.31% compared to the 2015 peak of 1.2318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,979 GEL

2015 Average 5,517 GEL

Yearly Trough Low 5,316 GEL

Transaction Impact: A difference of 1,663.28 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3464

1.0671

JanuMarcMayJulySeptNove

BZD 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 1.1620, compared to 1.2035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0415 points.

H1 Avg (Jan–Jun) 1.1620

H2 Avg (Jul–Dec) 1.2035

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.1182 GEL (High: 1.3958 / Low: 1.2776). On the other end, February was the most stable month, with a tight range of 0.0198 GEL (High: 1.2517 / Low: 1.2320).

December Spread (Volatile) ±0.1182

February Spread (Stable) ±0.0198

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 0.0597 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.3231) against the same month in 2015 (average: 1.2009), the exchange rate shifted by +0.1222 (+10.18%).

2016 Avg (December) 1.3231

2015 Avg (December) 1.2009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2474	1.2007	1.2210
February	1.2517	1.2320	1.2445
March	1.2400	1.1463	1.1904
April	1.1532	1.1121	1.1307
May	1.1175	1.0639	1.0904
June	1.1742	1.0631	1.0948
July	1.1802	1.1551	1.1702
August	1.1795	1.1363	1.1596
September	1.1688	1.1432	1.1550
October	1.1958	1.1628	1.1778
November	1.2708	1.1977	1.2354
December	1.3958	1.2776	1.3231