2023 ALL to GEL Historical Review

YEARLY HIGH

0.0290 GEL

YEARLY LOW

0.0237 GEL

YEARLY AVERAGE

0.0261 GEL

2023 ALL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0290. Conversely, the yearly low was recorded on March 8, dropping to 0.0237.

This high-to-low spread represents a total annual volatility of 0.0053 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0285, the exchange rate registered a net change of 15.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0290 was down 3.44% compared to the 2022 peak of 0.0300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145 GEL

2022 Average 129 GEL

Yearly Trough Low 119 GEL

Transaction Impact: A difference of 26.29 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0290

0.0237

JanuMarcMayJulySeptNove

ALL 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 0.0249, compared to 0.0274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0249

H2 Avg (Jul–Dec) 0.0274

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0023 GEL (High: 0.0280 / Low: 0.0256). On the other end, April was the most stable month, with a tight range of 0.0006 GEL (High: 0.0250 / Low: 0.0244).

August Spread (Volatile) ±0.0023

April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0281) against the same month in 2022 (average: 0.0237), the exchange rate shifted by +0.0044 (+18.64%).

2023 Avg (November) 0.0281

2022 Avg (November) 0.0237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0252	0.0242	0.0247
February	0.0248	0.0242	0.0245
March	0.0245	0.0237	0.0241
April	0.0250	0.0244	0.0246
May	0.0254	0.0243	0.0249
June	0.0269	0.0255	0.0264
July	0.0286	0.0267	0.0277
August	0.0280	0.0256	0.0270
September	0.0270	0.0260	0.0264
October	0.0273	0.0264	0.0268
November	0.0290	0.0272	0.0281
December	0.0290	0.0282	0.0285