2016 GEL to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 10281.0853. Conversely, the yearly low was recorded on December 21, dropping to 8408.3342.
This high-to-low spread represents a total annual volatility of 1872.7511 STD. From a start-to-finish perspective, comparing the January average rate of 9252.3330 to the December average rate of 8777.9151, the exchange rate registered a net change of -5.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 10281.0853 was down 22.04% compared to the 2015 peak of 13187.0103, 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 STD 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 9480.6134, compared to 9290.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 190.5802 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1162.3552 STD (High: 10273.1622 / Low: 9110.8070). On the other end, July was the most stable month, with a tight range of 168.7075 STD (High: 9517.3524 / Low: 9348.6449).
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 485.3256 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 9926.6966) against the same month in 2015 (average: 9460.3417), the exchange rate shifted by +466.3549 (+4.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9401.2048 | 9069.7179 | 9252.3330 |
| February | 9098.7756 | 8766.2624 | 8918.1412 |
| March | 9509.1636 | 9036.5341 | 9284.6684 |
| April | 9727.5748 | 9333.5435 | 9562.1604 |
| May | 10281.0853 | 9546.9448 | 9926.6966 |
| June | 10273.1622 | 9110.8070 | 9939.6806 |
| July | 9517.3524 | 9348.6449 | 9454.3550 |
| August | 9563.5373 | 9323.7307 | 9434.1952 |
| September | 9587.5261 | 9338.4903 | 9464.8220 |
| October | 9556.4841 | 9250.5133 | 9424.6995 |
| November | 9341.1254 | 9034.2525 | 9184.2124 |
| December | 9023.0450 | 8408.3342 | 8777.9151 |