2016 GEL to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 2473.6884. Conversely, the yearly low was recorded on December 21, dropping to 1875.8973.
This high-to-low spread represents a total annual volatility of 597.7911 ZMK. From a start-to-finish perspective, comparing the January average rate of 2156.2770 to the December average rate of 1981.0745, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 2473.6884 was down 16.86% compared to the 2015 peak of 2975.4037, 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 ZMK 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 2270.0297, compared to 2185.7029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 84.3268 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 246.5555 ZMK (High: 2473.6884 / Low: 2227.1329). On the other end, February was the most stable month, with a tight range of 28.7282 ZMK (High: 2131.1360 / Low: 2102.4077).
Growth Streaks & Declines
TrendsBetween 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 161.3961 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 2397.8464) against the same month in 2015 (average: 2326.4764), the exchange rate shifted by +71.3700 (+3.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2189.5068 | 2110.4335 | 2156.2770 |
| February | 2131.1360 | 2102.4077 | 2115.7704 |
| March | 2296.0173 | 2126.7081 | 2213.4077 |
| April | 2359.3686 | 2283.8961 | 2328.3091 |
| May | 2454.3089 | 2359.2891 | 2408.5674 |
| June | 2473.6884 | 2227.1329 | 2397.8464 |
| July | 2270.3238 | 2219.5876 | 2236.4504 |
| August | 2312.5874 | 2222.3842 | 2265.9594 |
| September | 2296.1453 | 2248.2790 | 2274.3126 |
| October | 2254.6355 | 2200.9625 | 2230.7613 |
| November | 2194.7266 | 2064.6771 | 2125.6591 |
| December | 2056.8837 | 1875.8973 | 1981.0745 |