2016 GEL to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 78.0723. Conversely, the yearly low was recorded on January 8, dropping to 56.0086.
This high-to-low spread represents a total annual volatility of 22.0637 AOA. From a start-to-finish perspective, comparing the January average rate of 61.1420 to the December average rate of 62.5062, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 78.0723 was up 28.58% compared to the 2015 peak of 60.7211, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GEL to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 69.3304, compared to 68.9596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3708 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 8.2951 AOA (High: 64.3038 / Low: 56.0086). On the other end, July was the most stable month, with a tight range of 1.2678 AOA (High: 71.6715 / Low: 70.4037).
Growth Streaks & Declines
TrendsBetween January and May, 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 4.9260 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 75.6797) against the same month in 2015 (average: 51.1302), the exchange rate shifted by +24.5495 (+48.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.3038 | 56.0086 | 61.1420 |
| February | 64.4441 | 62.4405 | 63.3799 |
| March | 69.7263 | 64.3161 | 67.1020 |
| April | 74.4574 | 69.8099 | 72.6553 |
| May | 77.4759 | 74.4556 | 76.0235 |
| June | 78.0723 | 70.3023 | 75.6797 |
| July | 71.6715 | 70.4037 | 70.7537 |
| August | 72.9427 | 70.3487 | 71.4600 |
| September | 72.3912 | 70.8749 | 71.6950 |
| October | 71.0812 | 69.3808 | 70.3255 |
| November | 69.2121 | 65.0972 | 67.0174 |
| December | 64.8267 | 59.2557 | 62.5062 |