YEARLY HIGH
560.8916 MMK
YEARLY LOW
490.6742 MMK
YEARLY AVERAGE
523.1127 MMK

2016 GEL to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 560.8916. Conversely, the yearly low was recorded on December 21, dropping to 490.6742.

This high-to-low spread represents a total annual volatility of 70.2174 MMK. From a start-to-finish perspective, comparing the January average rate of 533.4569 to the December average rate of 508.8830, the exchange rate registered a net change of -4.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 560.8916 was down 5.44% compared to the 2015 peak of 593.1847, 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 2,804,458 MMK
2015 Average 2,533,431 MMK
Yearly Trough Low 2,453,371 MMK
Transaction Impact: A difference of 351,087.02 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

545.9817
498.1096
JanuMarcMayJulySeptNove

GEL to MMK 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 525.3535, compared to 520.8718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4817 points.

H1 Avg (Jan–Jun) 525.3535
H2 Avg (Jul–Dec) 520.8718

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 60.2737 MMK (High: 560.8916 / Low: 500.6179). On the other end, July was the most stable month, with a tight range of 8.2580 MMK (High: 507.5017 / Low: 499.2438).

June Spread (Volatile) ±60.2737
July Spread (Stable) ±8.2580

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 June and July, when the average rate fell by 38.4251 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -38.4251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 541.9923) against the same month in 2015 (average: 487.6830), the exchange rate shifted by +54.3094 (+11.14%).

2016 Avg (June) 541.9923
2015 Avg (June) 487.6830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 545.9411 521.5591 533.4569
February 524.1742 491.5735 502.0989
March 530.2520 496.3645 512.4754
April 532.9857 517.5890 524.2378
May 554.6399 523.8822 537.8599
June 560.8916 500.6179 541.9923
July 507.5017 499.2438 503.5673
August 530.4671 503.0902 514.9141
September 540.9052 523.2421 532.1182
October 545.5792 532.4209 540.7170
November 538.3365 516.8615 525.0314
December 516.7301 490.6742 508.8830