YEARLY HIGH
0.6447 SGD
YEARLY LOW
0.5162 SGD
YEARLY AVERAGE
0.5853 SGD

2016 GEL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.6447. Conversely, the yearly low was recorded on December 21, dropping to 0.5162.

This high-to-low spread represents a total annual volatility of 0.1285 SGD. From a start-to-finish perspective, comparing the January average rate of 0.5877 to the December average rate of 0.5418, the exchange rate registered a net change of -7.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6447 was down 18.23% compared to the 2015 peak of 0.7884, 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 3,224 SGD
2015 Average 3,153 SGD
Yearly Trough Low 2,581 SGD
Transaction Impact: A difference of 642.63 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6370
0.5331
JanuMarcMayJulySeptNove

GEL to SGD 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 0.5961, compared to 0.5746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.5961
H2 Avg (Jul–Dec) 0.5746

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0727 SGD (High: 0.6447 / Low: 0.5720). On the other end, October was the most stable month, with a tight range of 0.0082 SGD (High: 0.5916 / Low: 0.5835).

June Spread (Volatile) ±0.0727
October Spread (Stable) ±0.0082

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 0.0415 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.6181) against the same month in 2015 (average: 0.5960), the exchange rate shifted by +0.0221 (+3.71%).

2016 Avg (June) 0.6181
2015 Avg (June) 0.5960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5971 0.5744 0.5877
February 0.5750 0.5594 0.5659
March 0.5945 0.5578 0.5780
April 0.6063 0.5870 0.5986
May 0.6444 0.6025 0.6284
June 0.6447 0.5720 0.6181
July 0.5815 0.5704 0.5766
August 0.5948 0.5703 0.5818
September 0.5947 0.5818 0.5887
October 0.5916 0.5835 0.5874
November 0.5805 0.5630 0.5711
December 0.5573 0.5162 0.5418