2023 DJF to GEL Historical Review

YEARLY HIGH

0.0154 GEL

YEARLY LOW

0.0140 GEL

YEARLY AVERAGE

0.0148 GEL

2023 DJF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0154. Conversely, the yearly low was recorded on May 3, dropping to 0.0140.

This high-to-low spread represents a total annual volatility of 0.0014 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0150 to the December average rate of 0.0151, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0154 was down 20.66% compared to the 2022 peak of 0.0194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77 GEL

2022 Average 82 GEL

Yearly Trough Low 70 GEL

Transaction Impact: A difference of 7.12 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0153

0.0141

JanuMarcMayJulySeptNove

DJF 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 0.0146, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0146

H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0007 GEL (High: 0.0146 / Low: 0.0140). On the other end, October was the most stable month, with a tight range of 0.0002 GEL (High: 0.0152 / Low: 0.0150).

May Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and November, 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 February and March, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0152) against the same month in 2022 (average: 0.0153), the exchange rate shifted by -0.0001 (-0.67%).

2023 Avg (November) 0.0152

2022 Avg (November) 0.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0152	0.0148	0.0150
February	0.0150	0.0146	0.0148
March	0.0148	0.0143	0.0145
April	0.0144	0.0140	0.0142
May	0.0146	0.0140	0.0143
June	0.0148	0.0146	0.0147
July	0.0148	0.0144	0.0146
August	0.0148	0.0146	0.0147
September	0.0152	0.0147	0.0149
October	0.0152	0.0150	0.0151
November	0.0154	0.0151	0.0152
December	0.0152	0.0149	0.0151