2023 GEL to SLL Historical Review

YEARLY HIGH

8111.9923 SLL

YEARLY LOW

6542.5926 SLL

YEARLY AVERAGE

7265.8853 SLL

2023 GEL to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 8111.9923. Conversely, the yearly low was recorded on January 8, dropping to 6542.5926.

This high-to-low spread represents a total annual volatility of 1569.3997 SLL. From a start-to-finish perspective, comparing the January average rate of 6627.9917 to the December average rate of 7808.0877, the exchange rate registered a net change of 17.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 8111.9923 was up 21.69% compared to the 2022 peak of 6666.0377, 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 40,559,961 SLL

2022 Average 23,798,371 SLL

Yearly Trough Low 32,712,963 SLL

Transaction Impact: A difference of 7,846,998.35 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8154.3968

6489.2276

JanuMarcMayJulySeptNove

GEL to SLL 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 6813.8615, compared to 7717.9092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 904.0477 points.

H1 Avg (Jan–Jun) 6813.8615

H2 Avg (Jul–Dec) 7717.9092

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1343.7930 SLL (High: 8111.9923 / Low: 6768.1992). On the other end, June was the most stable month, with a tight range of 77.2052 SLL (High: 6781.1900 / Low: 6703.9848).

July Spread (Volatile) ±1343.7930

June Spread (Stable) ±77.2052

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 185.1371 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -185.1371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 6995.2372) against the same month in 2022 (average: 4628.6739), the exchange rate shifted by +2366.5633 (+51.13%).

2023 Avg (July) 6995.2372

2022 Avg (July) 4628.6739

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6716.7300	6542.5926	6627.9917
February	6719.9239	6616.1049	6684.7637
March	6934.2493	6716.7300	6848.7744
April	7094.3775	6913.8943	7006.8807
May	7122.9839	6781.1900	6949.9478
June	6781.1900	6703.9848	6764.8108
July	8111.9923	6768.1992	6995.2372
August	8065.1923	7958.0645	8015.6327
September	8034.2912	7795.3532	7924.3606
October	7839.0654	7752.1257	7802.4935
November	7824.4403	7723.5727	7761.6434
December	7868.4803	7766.4815	7808.0877