2023 GEL to AUD Historical Review

YEARLY HIGH

0.6076 AUD

YEARLY LOW

0.5315 AUD

YEARLY AVERAGE

0.5741 AUD

2023 GEL to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.6076. Conversely, the yearly low was recorded on January 26, dropping to 0.5315.

This high-to-low spread represents a total annual volatility of 0.0761 AUD. From a start-to-finish perspective, comparing the January average rate of 0.5392 to the December average rate of 0.5556, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6076 was up 3.96% compared to the 2022 peak of 0.5844, 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 3,038 AUD

2022 Average 2,486 AUD

Yearly Trough Low 2,657 AUD

Transaction Impact: A difference of 380.45 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5987

0.5338

JanuMarcMayJulySeptNove

GEL to AUD 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 0.5708, compared to 0.5774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.5708

H2 Avg (Jul–Dec) 0.5774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0330 AUD (High: 0.5650 / Low: 0.5320). On the other end, October was the most stable month, with a tight range of 0.0163 AUD (High: 0.5942 / Low: 0.5780).

February Spread (Volatile) ±0.0330

October Spread (Stable) ±0.0163

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 0.0225 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.5933) against the same month in 2022 (average: 0.4443), the exchange rate shifted by +0.1490 (+33.53%).

2023 Avg (April) 0.5933

2022 Avg (April) 0.4443

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5538	0.5315	0.5392
February	0.5650	0.5320	0.5496
March	0.5893	0.5625	0.5803
April	0.6076	0.5779	0.5933
May	0.6071	0.5795	0.5924
June	0.5836	0.5580	0.5699
July	0.5814	0.5638	0.5747
August	0.5985	0.5812	0.5900
September	0.6007	0.5771	0.5884
October	0.5942	0.5780	0.5862
November	0.5833	0.5564	0.5695
December	0.5705	0.5425	0.5556