2023 GEL to SOS Historical Review

YEARLY HIGH

229.3510 SOS

YEARLY LOW

208.7799 SOS

YEARLY AVERAGE

217.0854 SOS

2023 GEL to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 229.3510. Conversely, the yearly low was recorded on November 4, dropping to 208.7799.

This high-to-low spread represents a total annual volatility of 20.5710 SOS. From a start-to-finish perspective, comparing the January average rate of 213.3784 to the December average rate of 212.8899, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 229.3510 was up 6.66% compared to the 2022 peak of 215.0349, 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 1,146,755 SOS

2022 Average 989,634 SOS

Yearly Trough Low 1,043,900 SOS

Transaction Impact: A difference of 102,855.24 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

226.7471

209.7608

JanuMarcMayJulySeptNove

GEL to SOS 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 219.2657, compared to 214.9051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3606 points.

H1 Avg (Jan–Jun) 219.2657

H2 Avg (Jul–Dec) 214.9051

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 11.2031 SOS (High: 229.3510 / Low: 218.1478). On the other end, October was the most stable month, with a tight range of 2.4974 SOS (High: 213.6350 / Low: 211.1376).

May Spread (Volatile) ±11.2031

October Spread (Stable) ±2.4974

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 5.9126 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.9126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 223.6953) against the same month in 2022 (average: 195.6189), the exchange rate shifted by +28.0764 (+14.35%).

2023 Avg (May) 223.6953

2022 Avg (May) 195.6189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	216.5399	210.5695	213.3784
February	218.2646	212.8158	215.1926
March	223.1600	216.3068	220.2137
April	227.4000	220.9718	225.3315
May	229.3510	218.1478	223.6953
June	218.6371	215.6292	217.7827
July	222.0688	216.7990	219.9192
August	219.4282	215.9730	217.5793
September	218.1521	211.6907	215.4465
October	213.6350	211.1376	212.4194
November	213.1119	208.7799	211.1764
December	214.6188	211.7899	212.8899