2016 GEL to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 6386.0216. Conversely, the yearly low was recorded on December 21, dropping to 4803.7556.
This high-to-low spread represents a total annual volatility of 1582.2660 IDR. From a start-to-finish perspective, comparing the January average rate of 5693.7930 to the December average rate of 5059.0960, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 6386.0216 was down 14.82% compared to the 2015 peak of 7497.1868, 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 IDR 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 5796.8198, compared to 5490.4933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 306.3264 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 796.3698 IDR (High: 6386.0216 / Low: 5589.6517). On the other end, July was the most stable month, with a tight range of 107.8740 IDR (High: 5674.1899 / Low: 5566.3159).
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 June and July, when the average rate fell by 493.5761 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 6097.4414) against the same month in 2015 (average: 5896.2662), the exchange rate shifted by +201.1752 (+3.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5785.0215 | 5562.8734 | 5693.7930 |
| February | 5539.6942 | 5376.6930 | 5445.1316 |
| March | 5746.0199 | 5302.8629 | 5548.1291 |
| April | 5924.8930 | 5715.6960 | 5838.2421 |
| May | 6376.8895 | 5896.3419 | 6158.1813 |
| June | 6386.0216 | 5589.6517 | 6097.4414 |
| July | 5674.1899 | 5566.3159 | 5603.8652 |
| August | 5794.0492 | 5568.8243 | 5678.3749 |
| September | 5795.1794 | 5545.3720 | 5682.2258 |
| October | 5582.1714 | 5458.5666 | 5530.8483 |
| November | 5448.7983 | 5325.1830 | 5388.5498 |
| December | 5294.7098 | 4803.7556 | 5059.0960 |