2016 GEL to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 762.6883. Conversely, the yearly low was recorded on December 21, dropping to 596.2303.
This high-to-low spread represents a total annual volatility of 166.4580 BIF. From a start-to-finish perspective, comparing the January average rate of 641.0712 to the December average rate of 631.9631, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 762.6883 was down 14.75% compared to the 2015 peak of 894.6455, 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 BIF 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 677.1915, compared to 693.7985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.6070 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 58.1277 BIF (High: 654.3580 / Low: 596.2303). On the other end, February was the most stable month, with a tight range of 13.4551 BIF (High: 636.2157 / Low: 622.7606).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 44.7365 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 732.1330) against the same month in 2015 (average: 693.3924), the exchange rate shifted by +38.7405 (+5.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 650.8218 | 626.6576 | 641.0712 |
| February | 636.2157 | 622.7606 | 628.3528 |
| March | 682.2473 | 632.5307 | 657.8292 |
| April | 702.8620 | 671.5011 | 688.7425 |
| May | 730.5343 | 695.6839 | 715.0202 |
| June | 762.6883 | 712.2127 | 732.1330 |
| July | 717.7122 | 704.2087 | 708.2504 |
| August | 732.5784 | 703.7446 | 717.3026 |
| September | 728.4059 | 712.1076 | 720.6395 |
| October | 715.6137 | 697.2403 | 707.9359 |
| November | 697.3698 | 657.1145 | 676.6995 |
| December | 654.3580 | 596.2303 | 631.9631 |