YEARLY HIGH
51.6734 RSD
YEARLY LOW
42.3575 RSD
YEARLY AVERAGE
47.1398 RSD

2016 GEL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 51.6734. Conversely, the yearly low was recorded on December 21, dropping to 42.3575.

This high-to-low spread represents a total annual volatility of 9.3158 RSD. From a start-to-finish perspective, comparing the January average rate of 46.3152 to the December average rate of 44.1306, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 51.6734 was down 19.92% compared to the 2015 peak of 64.5283, 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 258,367 RSD
2015 Average 249,642 RSD
Yearly Trough Low 211,788 RSD
Transaction Impact: A difference of 46,579.24 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

50.6971
43.5336
JanuMarcMayJulySeptNove

GEL to RSD 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 47.5750, compared to 46.7046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8704 points.

H1 Avg (Jan–Jun) 47.5750
H2 Avg (Jul–Dec) 46.7046

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 4.3908 RSD (High: 51.5527 / Low: 47.1619). On the other end, July was the most stable month, with a tight range of 0.9305 RSD (High: 47.8708 / Low: 46.9403).

June Spread (Volatile) ±4.3908
July Spread (Stable) ±0.9305

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 2.5148 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.5148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 49.8836) against the same month in 2015 (average: 46.5858), the exchange rate shifted by +3.2977 (+7.08%).

2016 Avg (May) 49.8836
2015 Avg (May) 46.5858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.9221 45.5959 46.3152
February 45.8534 43.6463 44.5518
March 47.7505 45.4535 46.5916
April 48.9064 46.8421 48.0076
May 51.6734 47.9243 49.8836
June 51.5527 47.1619 50.1002
July 47.8708 46.9403 47.5854
August 48.0188 46.8101 47.4331
September 48.1733 46.9478 47.5792
October 47.9475 46.8897 47.3603
November 46.9696 45.4654 46.1393
December 45.1633 42.3575 44.1306