YEARLY HIGH
0.9418 BBD
YEARLY LOW
0.7147 BBD
YEARLY AVERAGE
0.8487 BBD

2016 GEL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.9418. Conversely, the yearly low was recorded on December 21, dropping to 0.7147.

This high-to-low spread represents a total annual volatility of 0.2271 BBD. From a start-to-finish perspective, comparing the January average rate of 0.8210 to the December average rate of 0.7554, the exchange rate registered a net change of -8.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9418 was down 16.86% compared to the 2015 peak of 1.1328, 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 4,709 BBD
2015 Average 4,593 BBD
Yearly Trough Low 3,573 BBD
Transaction Impact: A difference of 1,135.57 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9333
0.7392
JanuMarcMayJulySeptNove

GEL to BBD 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 0.8644, compared to 0.8330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0314 points.

H1 Avg (Jan–Jun) 0.8644
H2 Avg (Jul–Dec) 0.8330

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0937 BBD (High: 0.9418 / Low: 0.8481). On the other end, February was the most stable month, with a tight range of 0.0109 BBD (High: 0.8115 / Low: 0.8006).

June Spread (Volatile) ±0.0937
February Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.0585 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.9130) against the same month in 2015 (average: 0.8859), the exchange rate shifted by +0.0272 (+3.07%).

2016 Avg (June) 0.9130
2015 Avg (June) 0.8859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8338 0.8037 0.8210
February 0.8115 0.8006 0.8056
March 0.8743 0.8097 0.8428
April 0.8983 0.8695 0.8865
May 0.9346 0.8983 0.9171
June 0.9418 0.8481 0.9130
July 0.8644 0.8502 0.8545
August 0.8806 0.8498 0.8631
September 0.8743 0.8562 0.8660
October 0.8584 0.8381 0.8494
November 0.8358 0.7861 0.8094
December 0.7831 0.7147 0.7554