YEARLY HIGH
14276.5990 IRR
YEARLY LOW
10741.7090 IRR
YEARLY AVERAGE
12791.9312 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 71,382,995 IRR
2015 Average 66,266,698 IRR
Yearly Trough Low 53,708,545 IRR
Transaction Impact: A difference of 17,674,449.85 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14136.4548
11089.8003
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 13056.1696
H2 Avg (Jul–Dec) 12527.6929

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±1383.7145
February Spread (Stable) ±195.1519

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -966.6171

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (June) 13844.7038
2015 Avg (June) 12870.0514

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