YEARLY HIGH
46.2570 CVE
YEARLY LOW
37.9142 CVE
YEARLY AVERAGE
42.2389 CVE

2016 GEL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 46.2570. Conversely, the yearly low was recorded on December 21, dropping to 37.9142.

This high-to-low spread represents a total annual volatility of 8.3428 CVE. From a start-to-finish perspective, comparing the January average rate of 41.6596 to the December average rate of 39.4561, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 46.2570 was down 21.86% compared to the 2015 peak of 59.1956, 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 231,285 CVE
2015 Average 227,794 CVE
Yearly Trough Low 189,571 CVE
Transaction Impact: A difference of 41,713.79 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

45.3412
38.9210
JanuMarcMayJulySeptNove

GEL to CVE 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 42.6774, compared to 41.8005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8769 points.

H1 Avg (Jan–Jun) 42.6774
H2 Avg (Jul–Dec) 41.8005

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 3.7081 CVE (High: 46.1487 / Low: 42.4407). On the other end, July was the most stable month, with a tight range of 0.8156 CVE (High: 42.8077 / Low: 41.9921).

June Spread (Volatile) ±3.7081
July Spread (Stable) ±0.8156

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 2.2627 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.2627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 44.6422) against the same month in 2015 (average: 42.5133), the exchange rate shifted by +2.1289 (+5.01%).

2016 Avg (May) 44.6422
2015 Avg (May) 42.5133

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.5102 40.8719 41.6596
February 41.0468 39.1990 40.0365
March 42.9362 40.6290 41.7930
April 44.0156 42.2290 43.1266
May 46.2570 43.2451 44.6422
June 46.1487 42.4407 44.8062
July 42.8077 41.9921 42.5436
August 43.0346 41.9947 42.4511
September 43.1204 42.0475 42.5904
October 42.9941 42.0172 42.4289
November 41.9991 40.7244 41.3329
December 40.5601 37.9142 39.4561