2024 DOP to GEL Historical Review

YEARLY HIGH

0.0485 GEL

YEARLY LOW

0.0446 GEL

YEARLY AVERAGE

0.0457 GEL

2024 DOP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0485. Conversely, the yearly low was recorded on September 19, dropping to 0.0446.

This high-to-low spread represents a total annual volatility of 0.0039 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0457 to the December average rate of 0.0464, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0485 was up 0.48% compared to the 2023 peak of 0.0482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 242 GEL

2023 Average 234 GEL

Yearly Trough Low 223 GEL

Transaction Impact: A difference of 19.28 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0478

0.0448

JanuMarcMayJulySeptNove

DOP 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 0.0459, compared to 0.0456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0459

H2 Avg (Jul–Dec) 0.0456

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0027 GEL (High: 0.0484 / Low: 0.0457). On the other end, February was the most stable month, with a tight range of 0.0005 GEL (High: 0.0454 / Low: 0.0449).

May Spread (Volatile) ±0.0027

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0476) against the same month in 2023 (average: 0.0476), the exchange rate shifted by -0.0000 (-0.04%).

2024 Avg (June) 0.0476

2023 Avg (June) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0464	0.0450	0.0457
February	0.0454	0.0449	0.0452
March	0.0460	0.0448	0.0453
April	0.0459	0.0449	0.0453
May	0.0484	0.0457	0.0464
June	0.0485	0.0469	0.0476
July	0.0474	0.0456	0.0462
August	0.0459	0.0449	0.0452
September	0.0454	0.0446	0.0450
October	0.0456	0.0450	0.0452
November	0.0467	0.0449	0.0453
December	0.0474	0.0460	0.0464