YEARLY HIGH
3972.1585 GNF
YEARLY LOW
3069.5664 GNF
YEARLY AVERAGE
3540.3892 GNF

2016 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 3972.1585. Conversely, the yearly low was recorded on February 15, dropping to 3069.5664.

This high-to-low spread represents a total annual volatility of 902.5921 GNF. From a start-to-finish perspective, comparing the January average rate of 3175.4939 to the December average rate of 3499.1670, the exchange rate registered a net change of 10.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3972.1585 was down 4.55% compared to the 2015 peak of 4161.3811, 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 19,860,792 GNF
2015 Average 16,849,263 GNF
Yearly Trough Low 15,347,832 GNF
Transaction Impact: A difference of 4,512,960.61 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4017.4319
3018.0930
JanuMarcMayJulySeptNove

GEL to GNF 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 3295.5688, compared to 3785.2095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 489.6407 points.

H1 Avg (Jan–Jun) 3295.5688
H2 Avg (Jul–Dec) 3785.2095

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 549.5819 GNF (High: 3884.9928 / Low: 3335.4109). On the other end, February was the most stable month, with a tight range of 70.1148 GNF (High: 3139.6811 / Low: 3069.5664).

June Spread (Volatile) ±549.5819
February Spread (Stable) ±70.1148

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 193.0314 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -193.0314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 3903.5413) against the same month in 2015 (average: 3138.6216), the exchange rate shifted by +764.9197 (+24.37%).

2016 Avg (August) 3903.5413
2015 Avg (August) 3138.6216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3224.2764 3105.0840 3175.4939
February 3139.6811 3069.5664 3101.3712
March 3334.2657 3085.4659 3209.0182
April 3397.8472 3290.9578 3361.4809
May 3447.2445 3324.0765 3392.2813
June 3884.9928 3335.4109 3533.7676
July 3881.1336 3748.5344 3823.9753
August 3972.1585 3793.5355 3903.5413
September 3965.0468 3892.8926 3934.1536
October 3911.5209 3797.4386 3858.2217
November 3803.0900 3596.3168 3692.1984
December 3593.2361 3316.1889 3499.1670