2024 CNY to GEL Historical Review

YEARLY HIGH

0.4036 GEL

YEARLY LOW

0.3661 GEL

YEARLY AVERAGE

0.3787 GEL

2024 CNY to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.4036. Conversely, the yearly low was recorded on February 19, dropping to 0.3661.

This high-to-low spread represents a total annual volatility of 0.0376 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3763 to the December average rate of 0.3865, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4036 was up 0.95% compared to the 2023 peak of 0.3998, 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 10,091 GEL

2023 Average 9,276 GEL

Yearly Trough Low 9,152 GEL

Transaction Impact: A difference of 939.40 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3927

0.3681

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 0.3763, compared to 0.3811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.3763

H2 Avg (Jul–Dec) 0.3811

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0241 GEL (High: 0.3930 / Low: 0.3688). On the other end, August was the most stable month, with a tight range of 0.0064 GEL (High: 0.3799 / Low: 0.3735).

May Spread (Volatile) ±0.0241

August Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0138 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.3906) against the same month in 2023 (average: 0.3650), the exchange rate shifted by +0.0256 (+7.01%).

2024 Avg (June) 0.3906

2023 Avg (June) 0.3650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3793	0.3691	0.3763
February	0.3753	0.3661	0.3706
March	0.3771	0.3681	0.3716
April	0.3770	0.3675	0.3701
May	0.3930	0.3688	0.3783
June	0.4036	0.3818	0.3906
July	0.3853	0.3724	0.3768
August	0.3799	0.3735	0.3772
September	0.3897	0.3777	0.3820
October	0.3910	0.3814	0.3847
November	0.3884	0.3767	0.3794
December	0.3940	0.3836	0.3865