2016 GEL to MNT Historical Review

YEARLY HIGH

994.9648 MNT

YEARLY LOW

804.9372 MNT

YEARLY AVERAGE

906.0042 MNT

2016 GEL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 994.9648. Conversely, the yearly low was recorded on January 25, dropping to 804.9372.

This high-to-low spread represents a total annual volatility of 190.0276 MNT. From a start-to-finish perspective, comparing the January average rate of 819.7434 to the December average rate of 934.1076, the exchange rate registered a net change of 13.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 994.9648 was down 11.56% compared to the 2015 peak of 1124.9882, 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 4,974,824 MNT

2015 Average 4,512,957 MNT

Yearly Trough Low 4,024,686 MNT

Transaction Impact: A difference of 950,137.93 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

999.8271

796.0704

JanuMarcMayJulySeptNove

GEL to MNT 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 867.1931, compared to 944.8154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.6223 points.

H1 Avg (Jan–Jun) 867.1931

H2 Avg (Jul–Dec) 944.8154

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 112.2301 MNT (High: 992.3413 / Low: 880.1112). On the other end, September was the most stable month, with a tight range of 17.3243 MNT (High: 977.9715 / Low: 960.6472).

August Spread (Volatile) ±112.2301

September Spread (Stable) ±17.3243

Growth Streaks & Declines

Trends

Between July and November, 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 48.7398 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -48.7398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 979.0693) against the same month in 2015 (average: 834.5923), the exchange rate shifted by +144.4770 (+17.31%).

2016 Avg (October) 979.0693

2015 Avg (October) 834.5923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	830.2327	804.9372	819.7434
February	824.0597	806.5647	813.0501
March	893.7900	822.1831	860.6942
April	903.4460	882.4712	891.8177
May	932.1233	903.5881	920.1837
June	935.2917	826.7996	897.6692
July	876.9393	854.2969	862.7914
August	992.3413	880.1112	941.3904
September	977.9715	960.6472	968.6860
October	994.9648	963.9988	979.0693
November	994.8196	967.5466	982.8474
December	965.6055	887.4419	934.1076