2023 BRL to GEL Historical Review

YEARLY HIGH

0.5587 GEL

YEARLY LOW

0.4848 GEL

YEARLY AVERAGE

0.5258 GEL

2023 BRL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.5587. Conversely, the yearly low was recorded on March 23, dropping to 0.4848.

This high-to-low spread represents a total annual volatility of 0.0739 GEL. From a start-to-finish perspective, comparing the January average rate of 0.5139 to the December average rate of 0.5485, the exchange rate registered a net change of 6.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5587 was down 17.94% compared to the 2022 peak of 0.6808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 13,966 GEL

2022 Average 14,151 GEL

Yearly Trough Low 12,119 GEL

Transaction Impact: A difference of 1,847.55 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5569

0.4894

JanuMarcMayJulySeptNove

BRL 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 0.5119, compared to 0.5397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 0.5119

H2 Avg (Jul–Dec) 0.5397

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0368 GEL (High: 0.5268 / Low: 0.4900). On the other end, November was the most stable month, with a tight range of 0.0082 GEL (High: 0.5553 / Low: 0.5471).

January Spread (Volatile) ±0.0368

November Spread (Stable) ±0.0082

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 February and March, when the average rate fell by 0.0152 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5485) against the same month in 2022 (average: 0.5100), the exchange rate shifted by +0.0385 (+7.54%).

2023 Avg (December) 0.5485

2022 Avg (December) 0.5100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5268	0.4900	0.5139
February	0.5207	0.5022	0.5102
March	0.5078	0.4848	0.4950
April	0.5133	0.4945	0.5028
May	0.5266	0.4931	0.5109
June	0.5525	0.5195	0.5383
July	0.5489	0.5274	0.5390
August	0.5424	0.5241	0.5331
September	0.5454	0.5243	0.5351
October	0.5404	0.5176	0.5310
November	0.5553	0.5471	0.5513
December	0.5587	0.5377	0.5485