YEARLY HIGH
0.0010 GEL
YEARLY LOW
0.0009 GEL
YEARLY AVERAGE
0.0010 GEL

2024 CDF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0010. Conversely, the yearly low was recorded on August 12, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0001 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0010, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0010 was down 23.59% compared to the 2023 peak of 0.0013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5 GEL
2023 Average 6 GEL
Yearly Trough Low 5 GEL
Transaction Impact: A difference of 0.40 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0010
0.0009
JanuMarcMayJulySeptNove

CDF 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 0.0010, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0001 GEL (High: 0.0010 / Low: 0.0010). On the other end, April was the most stable month, with a tight range of 0.0000 GEL (High: 0.0010 / Low: 0.0010).

May Spread (Volatile) ±0.0001
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0010) against the same month in 2023 (average: 0.0011), the exchange rate shifted by -0.0001 (-10.05%).

2024 Avg (June) 0.0010
2023 Avg (June) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0010 0.0010 0.0010
February 0.0010 0.0010 0.0010
March 0.0010 0.0010 0.0010
April 0.0010 0.0010 0.0010
May 0.0010 0.0010 0.0010
June 0.0010 0.0010 0.0010
July 0.0010 0.0010 0.0010
August 0.0010 0.0009 0.0009
September 0.0010 0.0009 0.0009
October 0.0010 0.0009 0.0010
November 0.0010 0.0009 0.0010
December 0.0010 0.0010 0.0010