2024 BTN to GEL Historical Review

YEARLY HIGH

0.0344 GEL

YEARLY LOW

0.0317 GEL

YEARLY AVERAGE

0.0325 GEL

2024 BTN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0344. Conversely, the yearly low was recorded on February 19, dropping to 0.0317.

This high-to-low spread represents a total annual volatility of 0.0027 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0322 to the December average rate of 0.0331, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0344 was up 4.16% compared to the 2023 peak of 0.0331, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 172 GEL

2023 Average 159 GEL

Yearly Trough Low 159 GEL

Transaction Impact: A difference of 13.47 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0339

0.0318

JanuMarcMayJulySeptNove

BTN 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 0.0325, compared to 0.0325 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) 0.0325

H2 Avg (Jul–Dec) 0.0325

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0020 GEL (High: 0.0339 / Low: 0.0318). On the other end, February was the most stable month, with a tight range of 0.0004 GEL (High: 0.0321 / Low: 0.0317).

May Spread (Volatile) ±0.0020

February Spread (Stable) ±0.0004

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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0338) against the same month in 2023 (average: 0.0318), the exchange rate shifted by +0.0020 (+6.27%).

2024 Avg (June) 0.0338

2023 Avg (June) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0325	0.0319	0.0322
February	0.0321	0.0317	0.0320
March	0.0327	0.0320	0.0322
April	0.0323	0.0318	0.0321
May	0.0339	0.0318	0.0325
June	0.0344	0.0331	0.0338
July	0.0335	0.0322	0.0327
August	0.0326	0.0319	0.0322
September	0.0327	0.0320	0.0322
October	0.0327	0.0323	0.0324
November	0.0333	0.0321	0.0324
December	0.0339	0.0327	0.0331