2024 GEL to ALL Historical Review

YEARLY HIGH

36.5688 ALL

YEARLY LOW

32.2819 ALL

YEARLY AVERAGE

34.2580 ALL

2024 GEL to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 36.5688. Conversely, the yearly low was recorded on September 30, dropping to 32.2819.

This high-to-low spread represents a total annual volatility of 4.2869 ALL. From a start-to-finish perspective, comparing the January average rate of 35.5859 to the December average rate of 33.3432, the exchange rate registered a net change of -6.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.5688 was down 13.19% compared to the 2023 peak of 42.1227, 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 182,844 ALL

2023 Average 191,793 ALL

Yearly Trough Low 161,410 ALL

Transaction Impact: A difference of 21,434.34 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.5911

32.7795

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 35.0371, compared to 33.4789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5581 points.

H1 Avg (Jan–Jun) 35.0371

H2 Avg (Jul–Dec) 33.4789

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.3201 ALL (High: 35.1647 / Low: 32.8446). On the other end, February was the most stable month, with a tight range of 0.6776 ALL (High: 36.5688 / Low: 35.8912).

May Spread (Volatile) ±2.3201

February Spread (Stable) ±0.6776

Growth Streaks & Declines

Trends

Between September and November, 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 1.2250 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.2250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 36.2734) against the same month in 2023 (average: 40.8894), the exchange rate shifted by -4.6159 (-11.29%).

2024 Avg (February) 36.2734

2023 Avg (February) 40.8894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.9881	34.9325	35.5859
February	36.5688	35.8912	36.2734
March	36.1887	34.7073	35.5739
April	35.8733	34.9644	35.3698
May	35.1647	32.8446	34.3221
June	33.7567	32.5719	33.0972
July	34.3095	33.1093	33.8170
August	34.2264	33.1034	33.6622
September	33.6048	32.2819	33.1079
October	33.5503	32.6336	33.1982
November	34.3827	32.9868	33.7449
December	33.7989	32.6075	33.3432