2024 GEL to JPY Historical Review

YEARLY HIGH

59.0528 JPY

YEARLY LOW

52.1313 JPY

YEARLY AVERAGE

55.7337 JPY

2024 GEL to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 59.0528. Conversely, the yearly low was recorded on December 3, dropping to 52.1313.

This high-to-low spread represents a total annual volatility of 6.9215 JPY. From a start-to-finish perspective, comparing the January average rate of 54.6360 to the December average rate of 54.7367, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.0528 was up 4.61% compared to the 2023 peak of 56.4508, 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 295,264 JPY

2023 Average 267,781 JPY

Yearly Trough Low 260,657 JPY

Transaction Impact: A difference of 34,607.63 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

58.0787

52.4719

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 56.3640, compared to 55.1034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2606 points.

H1 Avg (Jan–Jun) 56.3640

H2 Avg (Jul–Dec) 55.1034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 4.2530 JPY (High: 56.3843 / Low: 52.1313). On the other end, March was the most stable month, with a tight range of 1.5079 JPY (High: 56.7764 / Low: 55.2684).

December Spread (Volatile) ±4.2530

March Spread (Stable) ±1.5079

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 July and August, when the average rate fell by 3.3693 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.3693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 57.5784) against the same month in 2023 (average: 52.9808), the exchange rate shifted by +4.5976 (+8.68%).

2024 Avg (April) 57.5784

2023 Avg (April) 52.9808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.8395	52.5568	54.6360
February	57.0295	54.9587	56.4085
March	56.7764	55.2684	55.9940
April	59.0528	56.2508	57.5784
May	58.6228	54.6202	57.4650
June	57.4660	54.8155	56.1023
July	58.8799	55.1684	57.6115
August	55.4766	53.4046	54.2422
September	54.5539	52.1611	52.9392
October	56.3064	52.7511	54.9679
November	57.4312	53.2498	56.1232
December	56.3843	52.1313	54.7367