YEARLY HIGH
0.8246 GEL
YEARLY LOW
0.6346 GEL
YEARLY AVERAGE
0.7004 GEL

2016 PEN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.8246. Conversely, the yearly low was recorded on May 31, dropping to 0.6346.

This high-to-low spread represents a total annual volatility of 0.1899 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7091 to the December average rate of 0.7812, the exchange rate registered a net change of 10.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8246 was up 7.29% compared to the 2015 peak of 0.7685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 4,123 GEL
2015 Average 3,461 GEL
Yearly Trough Low 3,173 GEL
Transaction Impact: A difference of 949.68 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7939
0.6423
JanuMarcMayJulySeptNove

PEN to GEL 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 0.6857, compared to 0.7152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0295 points.

H1 Avg (Jan–Jun) 0.6857
H2 Avg (Jul–Dec) 0.7152

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0817 GEL (High: 0.7167 / Low: 0.6350). On the other end, January was the most stable month, with a tight range of 0.0163 GEL (High: 0.7190 / Low: 0.7026).

June Spread (Volatile) ±0.0817
January Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0283 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.7812) against the same month in 2015 (average: 0.7087), the exchange rate shifted by +0.0725 (+10.23%).

2016 Avg (December) 0.7812
2015 Avg (December) 0.7087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7190 0.7026 0.7091
February 0.7160 0.6979 0.7083
March 0.7138 0.6729 0.6975
April 0.6900 0.6731 0.6832
May 0.6788 0.6346 0.6549
June 0.7167 0.6350 0.6612
July 0.7162 0.6980 0.7084
August 0.7089 0.6791 0.6955
September 0.6936 0.6753 0.6835
October 0.7100 0.6841 0.6956
November 0.7512 0.7113 0.7266
December 0.8246 0.7480 0.7812