YEARLY HIGH
0.2002 GEL
YEARLY LOW
0.1359 GEL
YEARLY AVERAGE
0.1614 GEL

2016 ZAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.2002. Conversely, the yearly low was recorded on May 30, dropping to 0.1359.

This high-to-low spread represents a total annual volatility of 0.0643 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1497 to the December average rate of 0.1914, the exchange rate registered a net change of 27.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2002 was up 0.08% compared to the 2015 peak of 0.2001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 10,012 GEL
2015 Average 8,644 GEL
Yearly Trough Low 6,795 GEL
Transaction Impact: A difference of 3,217.07 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1962
0.1378
JanuMarcMayJulySeptNove

ZAR 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 0.1507, compared to 0.1721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.1507
H2 Avg (Jul–Dec) 0.1721

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0219 GEL (High: 0.1585 / Low: 0.1366). On the other end, April was the most stable month, with a tight range of 0.0069 GEL (High: 0.1567 / Low: 0.1498).

June Spread (Volatile) ±0.0219
April Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between May and August, 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 0.0118 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1914) against the same month in 2015 (average: 0.1592), the exchange rate shifted by +0.0322 (+20.23%).

2016 Avg (December) 0.1914
2015 Avg (December) 0.1592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1553 0.1439 0.1497
February 0.1628 0.1527 0.1572
March 0.1613 0.1479 0.1546
April 0.1567 0.1498 0.1544
May 0.1568 0.1359 0.1427
June 0.1585 0.1366 0.1455
July 0.1692 0.1577 0.1626
August 0.1755 0.1568 0.1684
September 0.1726 0.1573 0.1641
October 0.1761 0.1644 0.1691
November 0.1847 0.1722 0.1768
December 0.2002 0.1819 0.1914