2016 GEL to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 131.8634. Conversely, the yearly low was recorded on December 21, dropping to 106.3818.
This high-to-low spread represents a total annual volatility of 25.4815 HUF. From a start-to-finish perspective, comparing the January average rate of 118.7613 to the December average rate of 111.6703, the exchange rate registered a net change of -5.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 131.8634 was down 20.13% compared to the 2015 peak of 165.0909, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GEL to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 120.9852, compared to 117.6067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3785 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 10.4477 HUF (High: 131.8634 / Low: 121.4156). On the other end, August was the most stable month, with a tight range of 2.6133 HUF (High: 120.8119 / Low: 118.1986).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 6.2423 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 127.7017) against the same month in 2015 (average: 118.3344), the exchange rate shifted by +9.3673 (+7.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 120.9644 | 115.7255 | 118.7613 |
| February | 115.6294 | 110.3384 | 112.5190 |
| March | 121.3722 | 113.6551 | 117.7091 |
| April | 124.0382 | 119.6922 | 121.8327 |
| May | 131.8634 | 121.4156 | 127.7017 |
| June | 131.3912 | 120.9765 | 127.3873 |
| July | 122.9657 | 118.4118 | 121.3606 |
| August | 120.8119 | 118.1986 | 119.4284 |
| September | 121.4223 | 117.3773 | 119.2062 |
| October | 120.2925 | 116.4197 | 118.1704 |
| November | 118.2606 | 112.9173 | 115.8044 |
| December | 115.7195 | 106.3818 | 111.6703 |