2023 GEL to JPY Historical Review

YEARLY HIGH

56.4508 JPY

YEARLY LOW

47.7220 JPY

YEARLY AVERAGE

53.5420 JPY

2023 GEL to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 56.4508. Conversely, the yearly low was recorded on January 14, dropping to 47.7220.

This high-to-low spread represents a total annual volatility of 8.7288 JPY. From a start-to-finish perspective, comparing the January average rate of 48.8406 to the December average rate of 53.4969, the exchange rate registered a net change of 9.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 56.4508 was up 3.85% compared to the 2022 peak of 54.3571, 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 282,254 JPY

2022 Average 226,903 JPY

Yearly Trough Low 238,610 JPY

Transaction Impact: A difference of 43,643.79 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.5559

48.1392

JanuMarcMayJulySeptNove

GEL to JPY 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 52.0209, compared to 55.0632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0423 points.

H1 Avg (Jan–Jun) 52.0209

H2 Avg (Jul–Dec) 55.0632

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 3.5342 JPY (High: 54.7817 / Low: 51.2476). On the other end, October was the most stable month, with a tight range of 0.9054 JPY (High: 56.0252 / Low: 55.1198).

April Spread (Volatile) ±3.5342

October Spread (Stable) ±0.9054

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9525 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.9525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 55.8545) against the same month in 2022 (average: 50.2950), the exchange rate shifted by +5.5595 (+11.05%).

2023 Avg (September) 55.8545

2022 Avg (September) 50.2950

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.6146	47.7220	48.8406
February	51.8445	48.8999	50.4065
March	53.1893	50.9003	51.7912
April	54.7817	51.2476	52.9808
May	55.2285	52.2307	53.9847
June	55.5840	53.2132	54.1215
July	55.5765	53.5146	54.5819
August	56.0336	54.4165	55.3488
September	56.4508	54.8881	55.8545
October	56.0252	55.1198	55.6476
November	56.3754	54.4659	55.4493
December	54.8175	52.4257	53.4969