2016 GEL to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 50.4461. Conversely, the yearly low was recorded on December 21, dropping to 38.7294.
This high-to-low spread represents a total annual volatility of 11.7168 NPR. From a start-to-finish perspective, comparing the January average rate of 44.1860 to the December average rate of 40.9489, the exchange rate registered a net change of -7.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 50.4461 was down 12.52% compared to the 2015 peak of 57.6641, 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 NPR 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 46.4383, compared to 44.7272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7111 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 4.5124 NPR (High: 50.4461 / Low: 45.9337). On the other end, January was the most stable month, with a tight range of 1.0921 NPR (High: 44.6493 / Low: 43.5572).
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 June and July, when the average rate fell by 3.2054 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 49.1320) against the same month in 2015 (average: 45.2366), the exchange rate shifted by +3.8954 (+8.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.6493 | 43.5572 | 44.1860 |
| February | 44.6933 | 43.4644 | 43.9695 |
| March | 46.5043 | 43.5037 | 45.1170 |
| April | 47.7989 | 46.0881 | 47.1424 |
| May | 50.4325 | 47.6083 | 49.0831 |
| June | 50.4461 | 45.9337 | 49.1320 |
| July | 46.5825 | 45.4387 | 45.9266 |
| August | 47.1806 | 45.3668 | 46.1950 |
| September | 46.7891 | 45.5136 | 46.2419 |
| October | 45.8198 | 44.7255 | 45.3156 |
| November | 44.6064 | 43.0445 | 43.7352 |
| December | 42.7126 | 38.7294 | 40.9489 |