YEARLY HIGH
0.0162 GEL
YEARLY LOW
0.0148 GEL
YEARLY AVERAGE
0.0153 GEL

2024 DJF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.0162. Conversely, the yearly low was recorded on February 18, dropping to 0.0148.

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 0.0158, the exchange rate registered a net change of 5.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0162 was up 5.17% compared to the 2023 peak of 0.0154, 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 81 GEL
2023 Average 74 GEL
Yearly Trough Low 74 GEL
Transaction Impact: A difference of 6.85 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0159
0.0148
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 0.0152, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0009 GEL (High: 0.0159 / Low: 0.0150). On the other end, February was the most stable month, with a tight range of 0.0002 GEL (High: 0.0150 / Low: 0.0148).

May Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0159) against the same month in 2023 (average: 0.0147), the exchange rate shifted by +0.0012 (+8.04%).

2024 Avg (June) 0.0159
2023 Avg (June) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0152 0.0149 0.0150
February 0.0150 0.0148 0.0149
March 0.0153 0.0149 0.0150
April 0.0152 0.0150 0.0150
May 0.0159 0.0150 0.0153
June 0.0162 0.0156 0.0159
July 0.0158 0.0152 0.0154
August 0.0153 0.0151 0.0152
September 0.0154 0.0151 0.0152
October 0.0154 0.0152 0.0153
November 0.0158 0.0152 0.0154
December 0.0161 0.0157 0.0158