2023 GEL to ALL Historical Review

YEARLY HIGH

42.1227 ALL

YEARLY LOW

34.4840 ALL

YEARLY AVERAGE

38.3750 ALL

2023 GEL to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 42.1227. Conversely, the yearly low was recorded on November 27, dropping to 34.4840.

This high-to-low spread represents a total annual volatility of 7.6388 ALL. From a start-to-finish perspective, comparing the January average rate of 40.4951 to the December average rate of 35.0646, the exchange rate registered a net change of -13.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.1227 was down 4.27% compared to the 2022 peak of 43.9994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,614 ALL

2022 Average 194,643 ALL

Yearly Trough Low 172,420 ALL

Transaction Impact: A difference of 38,193.75 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.0812

34.4267

JanuMarcMayJulySeptNove

GEL to ALL 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 40.2692, compared to 36.4808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7884 points.

H1 Avg (Jan–Jun) 40.2692

H2 Avg (Jul–Dec) 36.4808

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 3.2391 ALL (High: 38.9876 / Low: 35.7484). On the other end, April was the most stable month, with a tight range of 0.9690 ALL (High: 41.0333 / Low: 40.0642).

August Spread (Volatile) ±3.2391

April Spread (Stable) ±0.9690

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.3086 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.3086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 41.4433) against the same month in 2022 (average: 34.6451), the exchange rate shifted by +6.7982 (+19.62%).

2023 Avg (March) 41.4433

2022 Avg (March) 34.6451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.2878	39.6144	40.4951
February	41.3727	40.3486	40.8894
March	42.1227	40.8728	41.4433
April	41.0333	40.0642	40.6226
May	41.1625	39.3783	40.2368
June	39.1898	37.1764	37.9282
July	37.5000	34.9681	36.1427
August	38.9876	35.7484	37.0314
September	38.5186	37.0074	37.8300
October	37.8611	36.6515	37.2562
November	36.8243	34.4840	35.5600
December	35.5026	34.4849	35.0646