YEARLY HIGH
0.8830 GEL
YEARLY LOW
0.6708 GEL
YEARLY AVERAGE
0.7555 GEL

2016 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.8830. Conversely, the yearly low was recorded on June 7, dropping to 0.6708.

This high-to-low spread represents a total annual volatility of 0.2122 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8080 to the December average rate of 0.8360, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8830 was up 0.64% compared to the 2015 peak of 0.8773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,415 GEL
2015 Average 3,982 GEL
Yearly Trough Low 3,354 GEL
Transaction Impact: A difference of 1,060.83 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8505
0.6763
JanuMarcMayJulySeptNove

PGK 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 0.7513, compared to 0.7597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.7513
H2 Avg (Jul–Dec) 0.7597

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0826 GEL (High: 0.8830 / Low: 0.8004). On the other end, July was the most stable month, with a tight range of 0.0143 GEL (High: 0.7459 / Low: 0.7316).

December Spread (Volatile) ±0.0826
July Spread (Stable) ±0.0143

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 March and April, when the average rate fell by 0.0525 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.8360) against the same month in 2015 (average: 0.8020), the exchange rate shifted by +0.0339 (+4.23%).

2016 Avg (December) 0.8360
2015 Avg (December) 0.8020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8258 0.7959 0.8080
February 0.8248 0.8024 0.8167
March 0.8164 0.7465 0.7753
April 0.7445 0.7068 0.7228
May 0.7174 0.6760 0.6908
June 0.7491 0.6708 0.6945
July 0.7459 0.7316 0.7398
August 0.7431 0.7170 0.7318
September 0.7374 0.7223 0.7285
October 0.7540 0.7310 0.7430
November 0.8021 0.7560 0.7791
December 0.8830 0.8004 0.8360