2016 GEL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 58.8154. Conversely, the yearly low was recorded on December 21, dropping to 45.9008.
This high-to-low spread represents a total annual volatility of 12.9146 JMD. From a start-to-finish perspective, comparing the January average rate of 49.4480 to the December average rate of 48.6194, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 58.8154 was down 10.46% compared to the 2015 peak of 65.6870, 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 JMD 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 52.9102, compared to 53.2108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3006 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 5.4359 JMD (High: 58.8154 / Low: 53.3795). On the other end, February was the most stable month, with a tight range of 0.7571 JMD (High: 49.2780 / Low: 48.5209).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 3.6472 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 57.1962) against the same month in 2015 (average: 51.2774), the exchange rate shifted by +5.9188 (+11.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.0706 | 48.4847 | 49.4480 |
| February | 49.2780 | 48.5209 | 48.8255 |
| March | 53.1574 | 49.1376 | 51.2049 |
| April | 55.2358 | 52.9359 | 54.0664 |
| May | 58.2987 | 55.1199 | 56.7201 |
| June | 58.8154 | 53.3795 | 57.1962 |
| July | 54.6616 | 53.6223 | 54.0395 |
| August | 55.8783 | 53.6966 | 54.7077 |
| September | 55.6031 | 54.6109 | 55.1576 |
| October | 54.9989 | 54.0281 | 54.4739 |
| November | 53.9398 | 50.6679 | 52.2666 |
| December | 50.5254 | 45.9008 | 48.6194 |