YEARLY HIGH
0.3335 JOD
YEARLY LOW
0.2531 JOD
YEARLY AVERAGE
0.3006 JOD

2016 GEL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.3335. Conversely, the yearly low was recorded on December 21, dropping to 0.2531.

This high-to-low spread represents a total annual volatility of 0.0805 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2911 to the December average rate of 0.2672, the exchange rate registered a net change of -8.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3335 was down 17.18% compared to the 2015 peak of 0.4027, 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 1,668 JOD
2015 Average 1,628 JOD
Yearly Trough Low 1,265 JOD
Transaction Impact: A difference of 402.38 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3307
0.2614
JanuMarcMayJulySeptNove

GEL to JOD 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 0.3062, compared to 0.2950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.3062
H2 Avg (Jul–Dec) 0.2950

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0330 JOD (High: 0.3335 / Low: 0.3005). On the other end, February was the most stable month, with a tight range of 0.0043 JOD (High: 0.2877 / Low: 0.2833).

June Spread (Volatile) ±0.0330
February Spread (Stable) ±0.0043

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 0.0207 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.3234) against the same month in 2015 (average: 0.3137), the exchange rate shifted by +0.0096 (+3.06%).

2016 Avg (June) 0.3234
2015 Avg (June) 0.3137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2956 0.2846 0.2911
February 0.2877 0.2833 0.2854
March 0.3098 0.2869 0.2986
April 0.3182 0.3081 0.3141
May 0.3310 0.3181 0.3249
June 0.3335 0.3005 0.3234
July 0.3062 0.3010 0.3027
August 0.3120 0.3009 0.3057
September 0.3096 0.3031 0.3068
October 0.3039 0.2968 0.3008
November 0.2959 0.2785 0.2867
December 0.2775 0.2531 0.2672