YEARLY HIGH
58.8154 JMD
YEARLY LOW
45.9008 JMD
YEARLY AVERAGE
53.0605 JMD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 294,077 JMD
2015 Average 267,929 JMD
Yearly Trough Low 229,504 JMD
Transaction Impact: A difference of 64,572.89 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

58.0539
47.7617
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 52.9102
H2 Avg (Jul–Dec) 53.2108

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±5.4359
February Spread (Stable) ±0.7571

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 November and December, when the average rate fell by 3.6472 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.6472

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (June) 57.1962
2015 Avg (June) 51.2774

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