2024 ARS to GEL Historical Review

YEARLY HIGH

0.0033 GEL

YEARLY LOW

0.0027 GEL

YEARLY AVERAGE

0.0030 GEL

2024 ARS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0033. Conversely, the yearly low was recorded on November 29, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0006 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0028, the exchange rate registered a net change of -15.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0033 was down 78.26% compared to the 2023 peak of 0.0153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 GEL

2023 Average 50 GEL

Yearly Trough Low 14 GEL

Transaction Impact: A difference of 3.07 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0033

0.0027

JanuMarcMayJulySeptNove

ARS 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 0.0031, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0031

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0002 GEL (High: 0.0032 / Low: 0.0030). On the other end, September was the most stable month, with a tight range of 0.0000 GEL (High: 0.0028 / Low: 0.0028).

May Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0033) against the same month in 2023 (average: 0.0146), the exchange rate shifted by -0.0114 (-77.66%).

2024 Avg (January) 0.0033

2023 Avg (January) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0033	0.0032	0.0033
February	0.0032	0.0031	0.0032
March	0.0032	0.0031	0.0031
April	0.0031	0.0030	0.0031
May	0.0032	0.0030	0.0031
June	0.0032	0.0031	0.0031
July	0.0031	0.0029	0.0030
August	0.0029	0.0028	0.0029
September	0.0028	0.0028	0.0028
October	0.0028	0.0028	0.0028
November	0.0028	0.0027	0.0027
December	0.0028	0.0027	0.0028