2024 BRL to GEL Historical Review

YEARLY HIGH

0.5532 GEL

YEARLY LOW

0.4167 GEL

YEARLY AVERAGE

0.5059 GEL

2024 BRL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5532. Conversely, the yearly low was recorded on December 25, dropping to 0.4167.

This high-to-low spread represents a total annual volatility of 0.1365 GEL. From a start-to-finish perspective, comparing the January average rate of 0.5451 to the December average rate of 0.4599, the exchange rate registered a net change of -15.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5532 was down 0.98% compared to the 2023 peak of 0.5587, 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 13,829 GEL

2023 Average 13,145 GEL

Yearly Trough Low 10,417 GEL

Transaction Impact: A difference of 3,411.65 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5536

0.4514

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 0.5314, compared to 0.4805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0508 points.

H1 Avg (Jan–Jun) 0.5314

H2 Avg (Jul–Dec) 0.4805

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0580 GEL (High: 0.4747 / Low: 0.4167). On the other end, February was the most stable month, with a tight range of 0.0117 GEL (High: 0.5421 / Low: 0.5304).

December Spread (Volatile) ±0.0580

February Spread (Stable) ±0.0117

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 0.0287 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5451) against the same month in 2023 (average: 0.5139), the exchange rate shifted by +0.0312 (+6.07%).

2024 Avg (January) 0.5451

2023 Avg (January) 0.5139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5532	0.5321	0.5451
February	0.5421	0.5304	0.5343
March	0.5455	0.5306	0.5366
April	0.5350	0.5031	0.5220
May	0.5501	0.5148	0.5277
June	0.5356	0.5006	0.5225
July	0.5110	0.4774	0.4937
August	0.4975	0.4710	0.4854
September	0.5018	0.4754	0.4879
October	0.5023	0.4738	0.4852
November	0.4800	0.4547	0.4710
December	0.4747	0.4167	0.4599