2016 GEL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 1449.5906. Conversely, the yearly low was recorded on December 21, dropping to 1066.4347.
This high-to-low spread represents a total annual volatility of 383.1559 COP. From a start-to-finish perspective, comparing the January average rate of 1346.3115 to the December average rate of 1136.0443, the exchange rate registered a net change of -15.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1449.5906 was down 3.94% compared to the 2015 peak of 1509.1192, 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 COP 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 1346.6013, compared to 1241.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 105.5704 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 201.2621 COP (High: 1449.5906 / Low: 1248.3285). On the other end, October was the most stable month, with a tight range of 29.1621 COP (High: 1260.0424 / Low: 1230.8802).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 122.8363 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 1363.1972) against the same month in 2015 (average: 1134.5630), the exchange rate shifted by +228.6342 (+20.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1378.0379 | 1324.8003 | 1346.3115 |
| February | 1375.2191 | 1336.5421 | 1351.6044 |
| March | 1355.8344 | 1277.0853 | 1316.3059 |
| April | 1359.8364 | 1287.0906 | 1328.1043 |
| May | 1440.4541 | 1278.1194 | 1374.0845 |
| June | 1449.5906 | 1248.3285 | 1363.1972 |
| July | 1311.0929 | 1246.1801 | 1266.8573 |
| August | 1317.3469 | 1244.8413 | 1275.0507 |
| September | 1296.9238 | 1234.3281 | 1264.6255 |
| October | 1260.0424 | 1230.8802 | 1244.7272 |
| November | 1277.9364 | 1220.1616 | 1258.8806 |
| December | 1206.3984 | 1066.4347 | 1136.0443 |