2016 GEL to AFN Historical Review

YEARLY HIGH

32.5469 AFN

YEARLY LOW

23.6713 AFN

YEARLY AVERAGE

28.7712 AFN

2016 GEL to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 32.5469. Conversely, the yearly low was recorded on December 21, dropping to 23.6713.

This high-to-low spread represents a total annual volatility of 8.8756 AFN. From a start-to-finish perspective, comparing the January average rate of 28.1567 to the December average rate of 25.0624, the exchange rate registered a net change of -10.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.5469 was down 1.47% compared to the 2015 peak of 33.0338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 162,734 AFN

2015 Average 139,986 AFN

Yearly Trough Low 118,357 AFN

Transaction Impact: A difference of 44,377.91 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

32.2011

24.4134

JanuMarcMayJulySeptNove

GEL to AFN 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 29.6864, compared to 27.8561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8303 points.

H1 Avg (Jan–Jun) 29.6864

H2 Avg (Jul–Dec) 27.8561

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 3.4866 AFN (High: 32.5469 / Low: 29.0603). On the other end, July was the most stable month, with a tight range of 0.3940 AFN (High: 29.5942 / Low: 29.2002).

June Spread (Volatile) ±3.4866

July Spread (Stable) ±0.3940

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.2040 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.2040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 31.5521) against the same month in 2015 (average: 26.2956), the exchange rate shifted by +5.2565 (+19.99%).

2016 Avg (June) 31.5521

2015 Avg (June) 26.2956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.5360	27.5737	28.1567
February	27.9541	27.5240	27.7381
March	29.8897	27.7950	28.8575
April	30.7167	29.8515	30.3395
May	32.1788	30.7112	31.4744
June	32.5469	29.0603	31.5521
July	29.5942	29.2002	29.3481
August	29.6259	27.8573	29.0395
September	29.6030	28.1113	28.8692
October	28.2625	27.6435	27.9737
November	27.5814	26.1898	26.8434
December	26.0693	23.6713	25.0624