2016 GEL to TRY Historical Review

YEARLY HIGH

1.3930 TRY

YEARLY LOW

1.1719 TRY

YEARLY AVERAGE

1.2800 TRY

2016 GEL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 1.3930. Conversely, the yearly low was recorded on February 4, dropping to 1.1719.

This high-to-low spread represents a total annual volatility of 0.2211 TRY. From a start-to-finish perspective, comparing the January average rate of 1.2321 to the December average rate of 1.3212, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3930 was down 6.79% compared to the 2015 peak of 1.4946, 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 6,965 TRY

2015 Average 6,212 TRY

Yearly Trough Low 5,860 TRY

Transaction Impact: A difference of 1,105.68 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3659

1.1699

JanuMarcMayJulySeptNove

GEL to TRY 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 1.2616, compared to 1.2983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 1.2616

H2 Avg (Jul–Dec) 1.2983

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1500 TRY (High: 1.3777 / Low: 1.2277). On the other end, September was the most stable month, with a tight range of 0.0175 TRY (High: 1.2915 / Low: 1.2740).

June Spread (Volatile) ±0.1500

September Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between July and November, 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 0.0618 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.3495) against the same month in 2015 (average: 1.1406), the exchange rate shifted by +0.2089 (+18.32%).

2016 Avg (May) 1.3495

2015 Avg (May) 1.1406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2574	1.1972	1.2321
February	1.2119	1.1719	1.1863
March	1.2530	1.1781	1.2141
April	1.2758	1.2274	1.2569
May	1.3930	1.2560	1.3495
June	1.3777	1.2277	1.3308
July	1.3091	1.2301	1.2690
August	1.2921	1.2599	1.2776
September	1.2915	1.2740	1.2849
October	1.3154	1.2850	1.3045
November	1.3805	1.2895	1.3327
December	1.3860	1.2538	1.3212