YEARLY HIGH
0.0070 GEL
YEARLY LOW
0.0063 GEL
YEARLY AVERAGE
0.0067 GEL

2023 AMD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AMD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.0070. Conversely, the yearly low was recorded on October 5, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0008 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0066, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0070 was down 3.68% compared to the 2022 peak of 0.0073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 GEL
2022 Average 34 GEL
Yearly Trough Low 31 GEL
Transaction Impact: A difference of 3.87 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0069
0.0065
JanuMarcMayJulySeptNove

AMD 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 0.0067, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0005 GEL (High: 0.0068 / Low: 0.0063). On the other end, June was the most stable month, with a tight range of 0.0001 GEL (High: 0.0068 / Low: 0.0067).

October Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0068) against the same month in 2022 (average: 0.0070), the exchange rate shifted by -0.0001 (-1.61%).

2023 Avg (September) 0.0068
2022 Avg (September) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0069 0.0066 0.0067
February 0.0068 0.0066 0.0067
March 0.0067 0.0065 0.0066
April 0.0066 0.0064 0.0065
May 0.0068 0.0064 0.0066
June 0.0068 0.0067 0.0068
July 0.0068 0.0066 0.0067
August 0.0068 0.0067 0.0068
September 0.0070 0.0068 0.0068
October 0.0068 0.0063 0.0067
November 0.0068 0.0066 0.0067
December 0.0067 0.0066 0.0066