YEARLY HIGH
0.9901 FJD
YEARLY LOW
0.7553 FJD
YEARLY AVERAGE
0.8848 FJD

2016 GEL to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.9901. Conversely, the yearly low was recorded on December 21, dropping to 0.7553.

This high-to-low spread represents a total annual volatility of 0.2348 FJD. From a start-to-finish perspective, comparing the January average rate of 0.8841 to the December average rate of 0.7932, the exchange rate registered a net change of -10.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9901 was down 15.74% compared to the 2015 peak of 1.1751, 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 4,951 FJD
2015 Average 4,789 FJD
Yearly Trough Low 3,777 FJD
Transaction Impact: A difference of 1,174.06 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9809
0.7761
JanuMarcMayJulySeptNove

GEL to FJD 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 0.9095, compared to 0.8601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0494 points.

H1 Avg (Jan–Jun) 0.9095
H2 Avg (Jul–Dec) 0.8601

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1079 FJD (High: 0.9880 / Low: 0.8800). On the other end, February was the most stable month, with a tight range of 0.0164 FJD (High: 0.8707 / Low: 0.8544).

June Spread (Volatile) ±0.1079
February Spread (Stable) ±0.0164

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 0.0684 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0684

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.9638) against the same month in 2015 (average: 0.8786), the exchange rate shifted by +0.0852 (+9.70%).

2016 Avg (May) 0.9638
2015 Avg (May) 0.8786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8997 0.8681 0.8841
February 0.8707 0.8544 0.8599
March 0.9108 0.8509 0.8824
April 0.9318 0.8988 0.9167
May 0.9901 0.9238 0.9638
June 0.9880 0.8800 0.9498
July 0.8975 0.8698 0.8814
August 0.8997 0.8729 0.8849
September 0.8963 0.8751 0.8875
October 0.8899 0.8638 0.8741
November 0.8630 0.8200 0.8392
December 0.8182 0.7553 0.7932