2024 BWP to GEL Historical Review

YEARLY HIGH

0.2113 GEL

YEARLY LOW

0.1883 GEL

YEARLY AVERAGE

0.2005 GEL

2024 BWP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.2113. Conversely, the yearly low was recorded on May 1, dropping to 0.1883.

This high-to-low spread represents a total annual volatility of 0.0230 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1970 to the December average rate of 0.2052, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2113 was down 0.41% compared to the 2023 peak of 0.2122, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,057 GEL

2023 Average 983 GEL

Yearly Trough Low 942 GEL

Transaction Impact: A difference of 114.84 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2082

0.1922

JanuMarcMayJulySeptNove

BWP 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 0.1978, compared to 0.2032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1978

H2 Avg (Jul–Dec) 0.2032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0196 GEL (High: 0.2080 / Low: 0.1883). On the other end, February was the most stable month, with a tight range of 0.0047 GEL (High: 0.1968 / Low: 0.1920).

May Spread (Volatile) ±0.0196

February Spread (Stable) ±0.0047

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 0.0050 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.2068) against the same month in 2023 (average: 0.1943), the exchange rate shifted by +0.0126 (+6.46%).

2024 Avg (June) 0.2068

2023 Avg (June) 0.1943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2005	0.1936	0.1970
February	0.1968	0.1920	0.1935
March	0.1988	0.1925	0.1958
April	0.1977	0.1884	0.1946
May	0.2080	0.1883	0.1993
June	0.2113	0.2025	0.2068
July	0.2075	0.1989	0.2019
August	0.2036	0.1982	0.2010
September	0.2101	0.2010	0.2041
October	0.2089	0.2026	0.2049
November	0.2071	0.1985	0.2019
December	0.2102	0.2011	0.2052