2024 GEL to KMF Historical Review

YEARLY HIGH

174.2859 KMF

YEARLY LOW

157.9233 KMF

YEARLY AVERAGE

167.5073 KMF

2024 GEL to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 174.2859. Conversely, the yearly low was recorded on June 10, dropping to 157.9233.

This high-to-low spread represents a total annual volatility of 16.3626 KMF. From a start-to-finish perspective, comparing the January average rate of 168.7017 to the December average rate of 166.9904, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 174.2859 was down 3.84% compared to the 2023 peak of 181.2404, 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 871,429 KMF

2023 Average 868,345 KMF

Yearly Trough Low 789,616 KMF

Transaction Impact: A difference of 81,813.02 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

172.9099

161.1839

JanuMarcMayJulySeptNove

GEL to KMF 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 168.6633, compared to 166.3512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3121 points.

H1 Avg (Jan–Jun) 168.6633

H2 Avg (Jul–Dec) 166.3512

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 12.2538 KMF (High: 172.4485 / Low: 160.1948). On the other end, February was the most stable month, with a tight range of 3.4366 KMF (High: 173.6054 / Low: 170.1688).

May Spread (Volatile) ±12.2538

February Spread (Stable) ±3.4366

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 May and June, when the average rate fell by 6.0499 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.0499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 171.5546) against the same month in 2023 (average: 178.0559), the exchange rate shifted by -6.5013 (-3.65%).

2024 Avg (April) 171.5546

2023 Avg (April) 178.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	171.0452	165.7913	168.7017
February	173.6054	170.1688	171.9327
March	171.5189	166.8325	169.4185
April	174.2859	169.2631	171.5546
May	172.4485	160.1948	168.2110
June	165.9471	157.9233	162.1611
July	168.2315	163.2438	166.1148
August	168.7801	163.3642	165.9351
September	165.8829	161.5905	164.1246
October	167.3346	163.2844	165.5811
November	172.4454	165.3395	169.3615
December	169.5943	162.9356	166.9904