2023 CNY to GEL Historical Review

YEARLY HIGH

0.3998 GEL

YEARLY LOW

0.3549 GEL

YEARLY AVERAGE

0.3711 GEL

2023 CNY to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.3998. Conversely, the yearly low was recorded on July 19, dropping to 0.3549.

This high-to-low spread represents a total annual volatility of 0.0449 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3925 to the December average rate of 0.3773, the exchange rate registered a net change of -3.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3998 was down 26.67% compared to the 2022 peak of 0.5452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,996 GEL

2022 Average 10,873 GEL

Yearly Trough Low 8,873 GEL

Transaction Impact: A difference of 1,122.70 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3957

0.3566

JanuMarcMayJulySeptNove

CNY 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 0.3746, compared to 0.3676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.3746

H2 Avg (Jul–Dec) 0.3676

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0151 GEL (High: 0.3938 / Low: 0.3787). On the other end, August was the most stable month, with a tight range of 0.0066 GEL (High: 0.3649 / Low: 0.3583).

February Spread (Volatile) ±0.0151

August Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0119 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3925) against the same month in 2022 (average: 0.4843), the exchange rate shifted by -0.0919 (-18.97%).

2023 Avg (January) 0.3925

2022 Avg (January) 0.4843

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3998	0.3877	0.3925
February	0.3938	0.3787	0.3862
March	0.3829	0.3709	0.3742
April	0.3719	0.3602	0.3661
May	0.3706	0.3588	0.3638
June	0.3684	0.3592	0.3650
July	0.3641	0.3549	0.3599
August	0.3649	0.3583	0.3614
September	0.3686	0.3561	0.3629
October	0.3759	0.3664	0.3695
November	0.3821	0.3690	0.3750
December	0.3811	0.3720	0.3773