2016 GEL to QAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to QAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 1.7143. Conversely, the yearly low was recorded on December 21, dropping to 1.3006.
This high-to-low spread represents a total annual volatility of 0.4137 QAR. From a start-to-finish perspective, comparing the January average rate of 1.4949 to the December average rate of 1.3734, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1.7143 was down 16.90% compared to the 2015 peak of 2.0630, 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 QAR 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 1.5736, compared to 1.5162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0574 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 0.1701 QAR (High: 1.7143 / Low: 1.5442). On the other end, February was the most stable month, with a tight range of 0.0195 QAR (High: 1.4773 / Low: 1.4578).
Growth Streaks & Declines
TrendsBetween 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 0.1061 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 1.6619) against the same month in 2015 (average: 1.6129), the exchange rate shifted by +0.0490 (+3.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.5187 | 1.4633 | 1.4949 |
| February | 1.4773 | 1.4578 | 1.4668 |
| March | 1.5919 | 1.4743 | 1.5346 |
| April | 1.6352 | 1.5830 | 1.6140 |
| May | 1.7013 | 1.6349 | 1.6695 |
| June | 1.7143 | 1.5442 | 1.6619 |
| July | 1.5738 | 1.5482 | 1.5558 |
| August | 1.6035 | 1.5471 | 1.5713 |
| September | 1.5917 | 1.5588 | 1.5767 |
| October | 1.5630 | 1.5261 | 1.5466 |
| November | 1.5216 | 1.4311 | 1.4736 |
| December | 1.4258 | 1.3006 | 1.3734 |