YEARLY HIGH
0.4198 EUR
YEARLY LOW
0.3426 EUR
YEARLY AVERAGE
0.3831 EUR

2016 GEL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.4198. Conversely, the yearly low was recorded on December 21, dropping to 0.3426.

This high-to-low spread represents a total annual volatility of 0.0772 EUR. From a start-to-finish perspective, comparing the January average rate of 0.3778 to the December average rate of 0.3580, the exchange rate registered a net change of -5.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4198 was down 22.24% compared to the 2015 peak of 0.5398, 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 2,099 EUR
2015 Average 2,068 EUR
Yearly Trough Low 1,713 EUR
Transaction Impact: A difference of 386.16 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4109
0.3532
JanuMarcMayJulySeptNove

GEL to EUR 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 0.3869, compared to 0.3793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.3869
H2 Avg (Jul–Dec) 0.3793

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0372 EUR (High: 0.4183 / Low: 0.3812). On the other end, July was the most stable month, with a tight range of 0.0082 EUR (High: 0.3888 / Low: 0.3805).

June Spread (Volatile) ±0.0372
July Spread (Stable) ±0.0082

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 0.0199 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.4061) against the same month in 2015 (average: 0.3866), the exchange rate shifted by +0.0195 (+5.06%).

2016 Avg (May) 0.4061
2015 Avg (May) 0.3866

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3855 0.3690 0.3778
February 0.3730 0.3561 0.3627
March 0.3889 0.3674 0.3781
April 0.3981 0.3816 0.3909
May 0.4198 0.3896 0.4061
June 0.4183 0.3812 0.4059
July 0.3888 0.3805 0.3860
August 0.3909 0.3793 0.3852
September 0.3918 0.3811 0.3863
October 0.3899 0.3809 0.3849
November 0.3821 0.3702 0.3752
December 0.3713 0.3426 0.3580