YEARLY HIGH
0.6447 BND
YEARLY LOW
0.5155 BND
YEARLY AVERAGE
0.5852 BND

2016 GEL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.6447. Conversely, the yearly low was recorded on December 21, dropping to 0.5155.

This high-to-low spread represents a total annual volatility of 0.1292 BND. From a start-to-finish perspective, comparing the January average rate of 0.5876 to the December average rate of 0.5417, the exchange rate registered a net change of -7.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6447 was down 18.29% compared to the 2015 peak of 0.7889, 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 3,223 BND
2015 Average 3,153 BND
Yearly Trough Low 2,577 BND
Transaction Impact: A difference of 645.91 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6367
0.5330
JanuMarcMayJulySeptNove

GEL to BND 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 0.5960, compared to 0.5744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.5960
H2 Avg (Jul–Dec) 0.5744

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0725 BND (High: 0.6447 / Low: 0.5722). On the other end, July was the most stable month, with a tight range of 0.0096 BND (High: 0.5811 / Low: 0.5714).

June Spread (Volatile) ±0.0725
July Spread (Stable) ±0.0096

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 0.0418 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.6186) against the same month in 2015 (average: 0.5957), the exchange rate shifted by +0.0228 (+3.83%).

2016 Avg (June) 0.6186
2015 Avg (June) 0.5957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5958 0.5742 0.5876
February 0.5750 0.5593 0.5657
March 0.5940 0.5581 0.5778
April 0.6058 0.5867 0.5984
May 0.6447 0.6026 0.6280
June 0.6447 0.5722 0.6186
July 0.5811 0.5714 0.5768
August 0.5949 0.5700 0.5816
September 0.5943 0.5821 0.5885
October 0.5918 0.5821 0.5872
November 0.5803 0.5614 0.5708
December 0.5567 0.5155 0.5417