2023 AED to GEL Historical Review

YEARLY HIGH

0.7392 GEL

YEARLY LOW

0.6753 GEL

YEARLY AVERAGE

0.7144 GEL

2023 AED to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.7392. Conversely, the yearly low was recorded on May 3, dropping to 0.6753.

This high-to-low spread represents a total annual volatility of 0.0639 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7257 to the December average rate of 0.7313, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7392 was down 21.19% compared to the 2022 peak of 0.9379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,696 GEL

2022 Average 3,968 GEL

Yearly Trough Low 3,377 GEL

Transaction Impact: A difference of 319.29 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7405

0.6816

JanuMarcMayJulySeptNove

AED 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 0.7062, compared to 0.7226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.7062

H2 Avg (Jul–Dec) 0.7226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0339 GEL (High: 0.7092 / Low: 0.6753). On the other end, June was the most stable month, with a tight range of 0.0082 GEL (High: 0.7174 / Low: 0.7092).

May Spread (Volatile) ±0.0339

June Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0172 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7356) against the same month in 2022 (average: 0.7407), the exchange rate shifted by -0.0051 (-0.69%).

2023 Avg (November) 0.7356

2022 Avg (November) 0.7407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7352	0.7160	0.7257
February	0.7269	0.7157	0.7195
March	0.7160	0.6936	0.7023
April	0.6957	0.6781	0.6865
May	0.7092	0.6753	0.6923
June	0.7174	0.7092	0.7110
July	0.7106	0.6983	0.7041
August	0.7174	0.7079	0.7123
September	0.7324	0.7106	0.7205
October	0.7365	0.7283	0.7317
November	0.7392	0.7297	0.7356
December	0.7352	0.7257	0.7313