YEARLY HIGH
0.6957 NZD
YEARLY LOW
0.5174 NZD
YEARLY AVERAGE
0.6092 NZD

2016 GEL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.6957. Conversely, the yearly low was recorded on December 21, dropping to 0.5174.

This high-to-low spread represents a total annual volatility of 0.1783 NZD. From a start-to-finish perspective, comparing the January average rate of 0.6273 to the December average rate of 0.5368, the exchange rate registered a net change of -14.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6957 was down 10.88% compared to the 2015 peak of 0.7806, 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 3,479 NZD
2015 Average 3,277 NZD
Yearly Trough Low 2,587 NZD
Transaction Impact: A difference of 891.55 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6888
0.5230
JanuMarcMayJulySeptNove

GEL to NZD 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 0.6376, compared to 0.5809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0567 points.

H1 Avg (Jan–Jun) 0.6376
H2 Avg (Jul–Dec) 0.5809

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0901 NZD (High: 0.6862 / Low: 0.5961). On the other end, September was the most stable month, with a tight range of 0.0166 NZD (High: 0.5994 / Low: 0.5828).

June Spread (Volatile) ±0.0901
September Spread (Stable) ±0.0166

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 0.0497 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.6750) against the same month in 2015 (average: 0.5845), the exchange rate shifted by +0.0905 (+15.48%).

2016 Avg (May) 0.6750
2015 Avg (May) 0.5845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6449 0.6085 0.6273
February 0.6182 0.5975 0.6070
March 0.6469 0.5946 0.6245
April 0.6535 0.6297 0.6434
May 0.6957 0.6391 0.6750
June 0.6862 0.5961 0.6482
July 0.6117 0.5841 0.5985
August 0.6063 0.5855 0.5973
September 0.5994 0.5828 0.5928
October 0.6050 0.5860 0.5931
November 0.5796 0.5534 0.5666
December 0.5506 0.5174 0.5368