2023 GEL to LBP Historical Review

YEARLY HIGH

6136.8209 LBP

YEARLY LOW

560.0494 LBP

YEARLY AVERAGE

5244.7315 LBP

2023 GEL to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 6136.8209. Conversely, the yearly low was recorded on January 2, dropping to 560.0494.

This high-to-low spread represents a total annual volatility of 5576.7715 LBP. From a start-to-finish perspective, comparing the January average rate of 568.7649 to the December average rate of 5604.0525, the exchange rate registered a net change of 885.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6136.8209 was up 968.99% compared to the 2022 peak of 574.0744, 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 30,684,105 LBP

2022 Average 2,608,044 LBP

Yearly Trough Low 2,800,247 LBP

Transaction Impact: A difference of 27,883,857.65 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6529.5433

26.8760

JanuMarcMayJulySeptNove

GEL to LBP 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 4819.8884, compared to 5669.5747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 849.6864 points.

H1 Avg (Jan–Jun) 4819.8884

H2 Avg (Jul–Dec) 5669.5747

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 5261.0040 LBP (High: 5834.6297 / Low: 573.6257). On the other end, January was the most stable month, with a tight range of 16.4150 LBP (High: 576.4643 / Low: 560.0494).

February Spread (Volatile) ±5261.0040

January Spread (Stable) ±16.4150

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 144.2410 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -144.2410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 5935.3592) against the same month in 2022 (average: 511.9060), the exchange rate shifted by +5423.4532 (+1059.46%).

2023 Avg (May) 5935.3592

2022 Avg (May) 511.9060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	576.4643	560.0494	568.7649
February	5834.6297	573.6257	4791.8451
March	5925.3124	5746.9261	5844.5884
April	6058.8630	5902.5841	5987.6544
May	6136.8209	5796.5451	5935.3592
June	5854.1267	5708.5790	5791.1181
July	5892.0631	5713.9906	5825.4434
August	5858.9251	5694.4467	5756.4360
September	5795.3798	5571.6972	5688.7313
October	5622.6357	5554.2208	5588.8279
November	5607.0455	5490.4799	5553.9573
December	5649.1225	5578.5520	5604.0525