2016 GEL to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 14276.5990. Conversely, the yearly low was recorded on December 21, dropping to 10741.7090.
This high-to-low spread represents a total annual volatility of 3534.8900 IRR. From a start-to-finish perspective, comparing the January average rate of 12315.9150 to the December average rate of 11343.6882, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 14276.5990 was down 9.64% compared to the 2015 peak of 15800.2454, 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 IRR 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 13056.1696, compared to 12527.6929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 528.4767 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1383.7145 IRR (High: 14276.5990 / Low: 12892.8844). On the other end, February was the most stable month, with a tight range of 195.1519 IRR (High: 12255.8000 / Low: 12060.6481).
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 966.6171 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 13844.7038) against the same month in 2015 (average: 12870.0514), the exchange rate shifted by +974.6524 (+7.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12503.2569 | 12054.7698 | 12315.9150 |
| February | 12255.8000 | 12060.6481 | 12154.1708 |
| March | 13225.4257 | 12230.7241 | 12736.4229 |
| April | 13587.6217 | 13140.3665 | 13403.2379 |
| May | 14163.6136 | 13586.7149 | 13882.5670 |
| June | 14276.5990 | 12892.8844 | 13844.7038 |
| July | 13143.9623 | 12786.6936 | 12878.0867 |
| August | 13238.0915 | 12778.5190 | 12977.3526 |
| September | 13150.9927 | 12871.6792 | 13023.4075 |
| October | 12904.4165 | 12603.0878 | 12771.6549 |
| November | 12569.8940 | 11822.6941 | 12171.9675 |
| December | 11778.0679 | 10741.7090 | 11343.6882 |