2016 GEL to VEF Historical Review

YEARLY HIGH

4.6959 VEF

YEARLY LOW

2.5301 VEF

YEARLY AVERAGE

3.8570 VEF

2016 GEL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 4.6959. Conversely, the yearly low was recorded on February 16, dropping to 2.5301.

This high-to-low spread represents a total annual volatility of 2.1658 VEF. From a start-to-finish perspective, comparing the January average rate of 2.5945 to the December average rate of 3.7672, the exchange rate registered a net change of 45.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.6959 was up 30.75% compared to the 2015 peak of 3.5916, 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 23,480 VEF

2015 Average 14,510 VEF

Yearly Trough Low 12,651 VEF

Transaction Impact: A difference of 10,829.07 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.7752

2.3429

JanuMarcMayJulySeptNove

GEL to VEF 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 3.5584, compared to 4.1556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5972 points.

H1 Avg (Jan–Jun) 3.5584

H2 Avg (Jul–Dec) 4.1556

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.4670 VEF (High: 4.6959 / Low: 4.2290). On the other end, February was the most stable month, with a tight range of 0.0331 VEF (High: 2.5633 / Low: 2.5301).

June Spread (Volatile) ±0.4670

February Spread (Stable) ±0.0331

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 0.2868 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 4.5522) against the same month in 2015 (average: 2.7986), the exchange rate shifted by +1.7537 (+62.66%).

2016 Avg (June) 4.5522

2015 Avg (June) 2.7986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6349	2.5397	2.5945
February	2.5633	2.5301	2.5456
March	2.7662	2.5589	2.6650
April	4.4789	4.3382	4.4206
May	4.6598	4.4785	4.5725
June	4.6959	4.2290	4.5522
July	4.3126	4.2412	4.2655
August	4.3938	4.2390	4.3054
September	4.3610	4.2710	4.3202
October	4.2825	4.1804	4.2374
November	4.1686	3.9227	4.0380
December	3.9072	3.5682	3.7672