YEARLY HIGH
3.1229 DKK
YEARLY LOW
2.5466 DKK
YEARLY AVERAGE
2.8523 DKK

2016 GEL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 3.1229. Conversely, the yearly low was recorded on December 21, dropping to 2.5466.

This high-to-low spread represents a total annual volatility of 0.5762 DKK. From a start-to-finish perspective, comparing the January average rate of 2.8190 to the December average rate of 2.6614, the exchange rate registered a net change of -5.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.1229 was down 22.46% compared to the 2015 peak of 4.0272, 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 15,614 DKK
2015 Average 15,423 DKK
Yearly Trough Low 12,733 DKK
Transaction Impact: A difference of 2,881.15 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0557
2.6256
JanuMarcMayJulySeptNove

GEL to DKK 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 2.8827, compared to 2.8218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0609 points.

H1 Avg (Jan–Jun) 2.8827
H2 Avg (Jul–Dec) 2.8218

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2753 DKK (High: 3.1144 / Low: 2.8391). On the other end, July was the most stable month, with a tight range of 0.0579 DKK (High: 2.8892 / Low: 2.8312).

June Spread (Volatile) ±0.2753
July Spread (Stable) ±0.0579

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 0.1471 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 3.0199) against the same month in 2015 (average: 2.8834), the exchange rate shifted by +0.1365 (+4.74%).

2016 Avg (May) 3.0199
2015 Avg (May) 2.8834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8703 2.7573 2.8190
February 2.7798 2.6567 2.7075
March 2.8973 2.7495 2.8212
April 2.9630 2.8436 2.9097
May 3.1229 2.9029 3.0199
June 3.1144 2.8391 3.0190
July 2.8892 2.8312 2.8719
August 2.9084 2.8245 2.8664
September 2.9149 2.8401 2.8771
October 2.9003 2.8359 2.8636
November 2.8382 2.7523 2.7906
December 2.7561 2.5466 2.6614