YEARLY HIGH
0.1253 GEL
YEARLY LOW
0.0976 GEL
YEARLY AVERAGE
0.1083 GEL

2016 ETB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.1253. Conversely, the yearly low was recorded on June 7, dropping to 0.0976.

This high-to-low spread represents a total annual volatility of 0.0277 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1147 to the December average rate of 0.1185, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1253 was up 6.59% compared to the 2015 peak of 0.1176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 627 GEL
2015 Average 533 GEL
Yearly Trough Low 488 GEL
Transaction Impact: A difference of 138.61 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1203
0.0988
JanuMarcMayJulySeptNove

ETB 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 0.1080, compared to 0.1086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1080
H2 Avg (Jul–Dec) 0.1086

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0112 GEL (High: 0.1253 / Low: 0.1141). On the other end, July was the most stable month, with a tight range of 0.0016 GEL (High: 0.1072 / Low: 0.1056).

December Spread (Volatile) ±0.0112
July Spread (Stable) ±0.0016

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 0.0064 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1185) against the same month in 2015 (average: 0.1134), the exchange rate shifted by +0.0051 (+4.49%).

2016 Avg (December) 0.1185
2015 Avg (December) 0.1134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1170 0.1131 0.1147
February 0.1172 0.1152 0.1165
March 0.1159 0.1070 0.1111
April 0.1068 0.1030 0.1047
May 0.1032 0.0981 0.1006
June 0.1077 0.0976 0.1006
July 0.1072 0.1056 0.1066
August 0.1068 0.1028 0.1050
September 0.1056 0.1035 0.1045
October 0.1075 0.1050 0.1061
November 0.1135 0.1076 0.1107
December 0.1253 0.1141 0.1185