2024 GEL to SDG Historical Review

YEARLY HIGH

228.0835 SDG

YEARLY LOW

204.1812 SDG

YEARLY AVERAGE

220.1252 SDG

2024 GEL to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 228.0835. Conversely, the yearly low was recorded on June 16, dropping to 204.1812.

This high-to-low spread represents a total annual volatility of 23.9023 SDG. From a start-to-finish perspective, comparing the January average rate of 224.6364 to the December average rate of 213.7222, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 228.0835 was down 5.65% compared to the 2023 peak of 241.7339, 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 1,140,417 SDG

2023 Average 1,137,062 SDG

Yearly Trough Low 1,020,906 SDG

Transaction Impact: A difference of 119,511.53 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

228.1432

209.0074

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 220.6713, compared to 219.5792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0922 points.

H1 Avg (Jan–Jun) 220.6713

H2 Avg (Jul–Dec) 219.5792

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 13.1965 SDG (High: 225.9398 / Low: 212.7434). On the other end, October was the most stable month, with a tight range of 2.4213 SDG (High: 221.5470 / Low: 219.1257).

May Spread (Volatile) ±13.1965

October Spread (Stable) ±2.4213

Growth Streaks & Declines

Trends

Between June and August, 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 10.4230 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -10.4230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 226.5486) against the same month in 2023 (average: 221.5989), the exchange rate shifted by +4.9496 (+2.23%).

2024 Avg (February) 226.5486

2023 Avg (February) 221.5989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	226.3653	223.4201	224.6364
February	228.0835	225.3283	226.5486
March	226.7925	215.8379	222.0013
April	222.8200	218.2495	219.2147
May	225.9398	212.7434	221.0250
June	216.8370	204.1812	210.6020
July	221.5470	214.6429	217.4924
August	224.4403	221.9557	223.1258
September	224.2311	219.9269	222.5791
October	221.5470	219.1257	220.5472
November	221.5470	213.8667	220.0083
December	214.8241	209.5819	213.7222