YEARLY HIGH
556.1919 IQD
YEARLY LOW
420.4399 IQD
YEARLY AVERAGE
483.4748 IQD

2016 GEL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 556.1919. Conversely, the yearly low was recorded on December 21, dropping to 420.4399.

This high-to-low spread represents a total annual volatility of 135.7521 IQD. From a start-to-finish perspective, comparing the January average rate of 448.2999 to the December average rate of 443.5518, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 556.1919 was down 17.69% compared to the 2015 peak of 675.7387, 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 2,780,960 IQD
2015 Average 2,678,592 IQD
Yearly Trough Low 2,102,199 IQD
Transaction Impact: A difference of 678,760.47 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

544.9815
428.7897
JanuMarcMayJulySeptNove

GEL to IQD 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 481.2792, compared to 485.6705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3913 points.

H1 Avg (Jan–Jun) 481.2792
H2 Avg (Jul–Dec) 485.6705

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 62.2841 IQD (High: 556.1919 / Low: 493.9078). On the other end, February was the most stable month, with a tight range of 5.9543 IQD (High: 441.7055 / Low: 435.7512).

June Spread (Volatile) ±62.2841
February Spread (Stable) ±5.9543

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 36.1224 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -36.1224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 535.2989) against the same month in 2015 (average: 524.4134), the exchange rate shifted by +10.8855 (+2.08%).

2016 Avg (June) 535.2989
2015 Avg (June) 524.4134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 458.8250 437.4146 448.2999
February 441.7055 435.7512 438.4724
March 475.8792 440.6996 458.7219
April 497.1937 473.2723 485.8361
May 550.8144 497.1769 521.0462
June 556.1919 493.9078 535.2989
July 504.4011 496.5955 499.1765
August 512.9250 495.8034 503.1286
September 510.5718 497.7200 504.4524
October 498.7837 488.2646 494.0342
November 486.3660 456.1311 469.6794
December 458.5940 420.4399 443.5518