2016 GEL to AZN Historical Review

YEARLY HIGH

0.7231 AZN

YEARLY LOW

0.6284 AZN

YEARLY AVERAGE

0.6791 AZN

2016 GEL to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.7231. Conversely, the yearly low was recorded on February 23, dropping to 0.6284.

This high-to-low spread represents a total annual volatility of 0.0947 AZN. From a start-to-finish perspective, comparing the January average rate of 0.6502 to the December average rate of 0.6683, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7231 was up 10.82% compared to the 2015 peak of 0.6524, 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 3,615 AZN

2015 Average 2,324 AZN

Yearly Trough Low 3,142 AZN

Transaction Impact: A difference of 473.26 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7193

0.6294

JanuMarcMayJulySeptNove

GEL to AZN 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 0.6703, compared to 0.6880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.6703

H2 Avg (Jul–Dec) 0.6880

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0724 AZN (High: 0.7045 / Low: 0.6321). On the other end, November was the most stable month, with a tight range of 0.0139 AZN (High: 0.6983 / Low: 0.6844).

March Spread (Volatile) ±0.0724

November Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0246 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.7118) against the same month in 2015 (average: 0.4379), the exchange rate shifted by +0.2740 (+62.56%).

2016 Avg (September) 0.7118

2015 Avg (September) 0.4379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6591	0.6429	0.6502
February	0.6486	0.6284	0.6369
March	0.7045	0.6321	0.6803
April	0.6809	0.6605	0.6723
May	0.6982	0.6757	0.6880
June	0.7133	0.6570	0.6938
July	0.6790	0.6624	0.6693
August	0.7224	0.6797	0.7011
September	0.7231	0.6968	0.7118
October	0.6976	0.6779	0.6872
November	0.6983	0.6844	0.6903
December	0.6841	0.6387	0.6683