YEARLY HIGH
0.7689 GEL
YEARLY LOW
0.5833 GEL
YEARLY AVERAGE
0.6493 GEL

2016 QAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.7689. Conversely, the yearly low was recorded on June 7, dropping to 0.5833.

This high-to-low spread represents a total annual volatility of 0.1856 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6690 to the December average rate of 0.7287, the exchange rate registered a net change of 8.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7689 was up 13.97% compared to the 2015 peak of 0.6747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,844 GEL
2015 Average 3,030 GEL
Yearly Trough Low 2,917 GEL
Transaction Impact: A difference of 927.78 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7416
0.5862
JanuMarcMayJulySeptNove

QAR 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 0.6374, compared to 0.6613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0239 points.

H1 Avg (Jan–Jun) 0.6374
H2 Avg (Jul–Dec) 0.6613

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0676 GEL (High: 0.7689 / Low: 0.7013). On the other end, February was the most stable month, with a tight range of 0.0091 GEL (High: 0.6860 / Low: 0.6769).

December Spread (Volatile) ±0.0676
February Spread (Stable) ±0.0091

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 0.0325 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.7287) against the same month in 2015 (average: 0.6575), the exchange rate shifted by +0.0712 (+10.83%).

2016 Avg (December) 0.7287
2015 Avg (December) 0.6575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6834 0.6584 0.6690
February 0.6860 0.6769 0.6818
March 0.6783 0.6282 0.6522
April 0.6317 0.6116 0.6197
May 0.6117 0.5878 0.5991
June 0.6476 0.5833 0.6024
July 0.6459 0.6354 0.6428
August 0.6464 0.6236 0.6365
September 0.6415 0.6283 0.6343
October 0.6553 0.6398 0.6466
November 0.6988 0.6572 0.6788
December 0.7689 0.7013 0.7287