2023 GEL to SDG Historical Review

YEARLY HIGH

241.7339 SDG

YEARLY LOW

202.5974 SDG

YEARLY AVERAGE

227.3830 SDG

2023 GEL to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 241.7339. Conversely, the yearly low was recorded on November 20, dropping to 202.5974.

This high-to-low spread represents a total annual volatility of 39.1365 SDG. From a start-to-finish perspective, comparing the January average rate of 216.4468 to the December average rate of 223.7851, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 241.7339 was up 11.72% compared to the 2022 peak of 216.3842, 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 1,208,669 SDG

2022 Average 863,492 SDG

Yearly Trough Low 1,012,987 SDG

Transaction Impact: A difference of 195,682.34 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

239.2210

214.3765

JanuMarcMayJulySeptNove

GEL to SDG 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 228.3590, compared to 226.4069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9521 points.

H1 Avg (Jan–Jun) 228.3590

H2 Avg (Jul–Dec) 226.4069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 21.6563 SDG (High: 224.2537 / Low: 202.5974). On the other end, June was the most stable month, with a tight range of 2.6289 SDG (High: 230.9021 / Low: 228.2732).

November Spread (Volatile) ±21.6563

June Spread (Stable) ±2.6289

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 5.8569 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.8569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 236.0926) against the same month in 2022 (average: 152.3674), the exchange rate shifted by +83.7251 (+54.95%).

2023 Avg (May) 236.0926

2022 Avg (May) 152.3674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	221.4829	211.6667	216.4468
February	224.1445	219.1011	221.5989
March	233.7586	221.4407	228.6292
April	240.7631	228.0876	237.1506
May	241.7339	230.7102	236.0926
June	230.9021	228.2732	230.2357
July	234.5029	230.4598	232.4167
August	231.3462	228.2732	229.8629
September	230.2682	223.6059	227.2179
October	224.8598	221.9963	223.5949
November	224.2537	202.5974	221.5641
December	225.5159	222.5926	223.7851