YEARLY HIGH
159.9761 AMD
YEARLY LOW
142.3461 AMD
YEARLY AVERAGE
149.6055 AMD

2023 GEL to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 159.9761. Conversely, the yearly low was recorded on September 23, dropping to 142.3461.

This high-to-low spread represents a total annual volatility of 17.6300 AMD. From a start-to-finish perspective, comparing the January average rate of 148.4090 to the December average rate of 150.5821, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 159.9761 was down 2.74% compared to the 2022 peak of 164.4793, 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 799,881 AMD
2022 Average 747,397 AMD
Yearly Trough Low 711,731 AMD
Transaction Impact: A difference of 88,150.16 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

154.7952
145.2081
JanuMarcMayJulySeptNove

GEL to AMD 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 150.3465, compared to 148.8646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4819 points.

H1 Avg (Jan–Jun) 150.3465
H2 Avg (Jul–Dec) 148.8646

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 12.6719 AMD (High: 159.9761 / Low: 147.3042). On the other end, June was the most stable month, with a tight range of 1.9488 AMD (High: 148.5479 / Low: 146.5990).

October Spread (Volatile) ±12.6719
June Spread (Stable) ±1.9488

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 4.1435 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.1435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 150.3307) against the same month in 2022 (average: 145.3055), the exchange rate shifted by +5.0252 (+3.46%).

2023 Avg (October) 150.3307
2022 Avg (October) 145.3055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 150.5779 145.7798 148.4090
February 152.0455 147.3286 149.1206
March 152.8427 148.2689 150.5067
April 155.5578 152.0004 153.9962
May 156.5499 147.9313 152.0949
June 148.5479 146.5990 147.9514
July 152.2885 147.1045 149.8019
August 149.4399 146.4820 147.7219
September 147.8992 142.3461 146.0070
October 159.9761 147.3042 150.3307
November 150.3864 146.9865 148.7440
December 151.6311 149.2964 150.5821