2016 GEL to BGN Historical Review

YEARLY HIGH

0.8215 BGN

YEARLY LOW

0.6700 BGN

YEARLY AVERAGE

0.7493 BGN

2016 GEL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.8215. Conversely, the yearly low was recorded on December 21, dropping to 0.6700.

This high-to-low spread represents a total annual volatility of 0.1515 BGN. From a start-to-finish perspective, comparing the January average rate of 0.7390 to the December average rate of 0.6999, the exchange rate registered a net change of -5.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8215 was down 22.17% compared to the 2015 peak of 1.0555, 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 4,108 BGN

2015 Average 4,044 BGN

Yearly Trough Low 3,350 BGN

Transaction Impact: A difference of 757.46 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8035

0.6905

JanuMarcMayJulySeptNove

GEL to BGN 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 0.7569, compared to 0.7417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.7569

H2 Avg (Jul–Dec) 0.7417

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0723 BGN (High: 0.8190 / Low: 0.7467). On the other end, July was the most stable month, with a tight range of 0.0144 BGN (High: 0.7592 / Low: 0.7448).

June Spread (Volatile) ±0.0723

July Spread (Stable) ±0.0144

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 0.0391 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.7941) against the same month in 2015 (average: 0.7557), the exchange rate shifted by +0.0384 (+5.08%).

2016 Avg (May) 0.7941

2015 Avg (May) 0.7557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7526	0.7225	0.7390
February	0.7287	0.6962	0.7096
March	0.7599	0.7208	0.7400
April	0.7788	0.7466	0.7647
May	0.8215	0.7631	0.7941
June	0.8190	0.7467	0.7940
July	0.7592	0.7448	0.7549
August	0.7633	0.7430	0.7533
September	0.7656	0.7458	0.7556
October	0.7628	0.7452	0.7528
November	0.7452	0.7229	0.7335
December	0.7186	0.6700	0.6999