2016 GEL to BYR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to BYR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 9364.8507. Conversely, the yearly low was recorded on December 21, dropping to 7152.8963.
This high-to-low spread represents a total annual volatility of 2211.9544 BYR. From a start-to-finish perspective, comparing the January average rate of 8146.0440 to the December average rate of 7553.1150, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 9364.8507 was up 5.86% compared to the 2015 peak of 8846.2003, 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 BYR 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 8732.7201, compared to 8339.2003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 393.5197 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 918.3623 BYR (High: 8647.8022 / Low: 7729.4400). On the other end, July was the most stable month, with a tight range of 181.0354 BYR (High: 8694.6925 / Low: 8513.6571).
Growth Streaks & Declines
TrendsBetween March and June, 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 November and December, when the average rate fell by 551.2162 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 9092.9752) against the same month in 2015 (average: 6780.8728), the exchange rate shifted by +2312.1024 (+34.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8647.8022 | 7729.4400 | 8146.0440 |
| February | 8898.8026 | 8550.6573 | 8729.4209 |
| March | 8901.9920 | 8543.4791 | 8693.4214 |
| April | 8920.0663 | 8643.0456 | 8803.7697 |
| May | 9247.7055 | 8621.2975 | 8930.6893 |
| June | 9364.8507 | 8512.0431 | 9092.9752 |
| July | 8694.6925 | 8513.6571 | 8558.4504 |
| August | 8818.0189 | 8509.0630 | 8642.6321 |
| September | 8754.0325 | 8572.8076 | 8671.2654 |
| October | 8595.3260 | 8392.3872 | 8505.4079 |
| November | 8368.6095 | 7871.1492 | 8104.3312 |
| December | 7841.4386 | 7152.8963 | 7553.1150 |