YEARLY HIGH
154.0679 AMD
YEARLY LOW
134.8760 AMD
YEARLY AVERAGE
144.6028 AMD

2024 GEL to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 154.0679. Conversely, the yearly low was recorded on June 15, dropping to 134.8760.

This high-to-low spread represents a total annual volatility of 19.1919 AMD. From a start-to-finish perspective, comparing the January average rate of 151.2686 to the December average rate of 140.9471, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 154.0679 was down 3.69% compared to the 2023 peak of 159.9761, 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 770,339 AMD
2023 Average 748,071 AMD
Yearly Trough Low 674,380 AMD
Transaction Impact: A difference of 95,959.63 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

154.5743
136.1602
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 146.8469, compared to 142.3588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4882 points.

H1 Avg (Jan–Jun) 146.8469
H2 Avg (Jul–Dec) 142.3588

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 8.3752 AMD (High: 145.6064 / Low: 137.2312). On the other end, October was the most stable month, with a tight range of 1.7598 AMD (High: 142.5810 / Low: 140.8212).

May Spread (Volatile) ±8.3752
October Spread (Stable) ±1.7598

Growth Streaks & Declines

Trends

Between June and August, 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 5.3657 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.3657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 153.0398) against the same month in 2023 (average: 149.1206), the exchange rate shifted by +3.9192 (+2.63%).

2024 Avg (February) 153.0398
2023 Avg (February) 149.1206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 152.5220 149.7709 151.2686
February 154.0679 151.8776 153.0398
March 152.4641 145.8951 149.7707
April 148.9493 144.4993 146.2475
May 145.6064 137.2312 143.0604
June 140.1750 134.8760 137.6947
July 143.6825 138.5845 141.8977
August 144.8868 142.0996 143.7431
September 144.5934 141.4145 143.3085
October 142.5810 140.8212 141.9868
November 144.8670 140.5424 142.2694
December 142.9743 139.2091 140.9471