2024 GEL to SOS Historical Review

YEARLY HIGH

216.9021 SOS

YEARLY LOW

198.6584 SOS

YEARLY AVERAGE

210.2814 SOS

2024 GEL to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 216.9021. Conversely, the yearly low was recorded on June 15, dropping to 198.6584.

This high-to-low spread represents a total annual volatility of 18.2436 SOS. From a start-to-finish perspective, comparing the January average rate of 213.5152 to the December average rate of 203.0030, the exchange rate registered a net change of -4.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 216.9021 was down 5.43% compared to the 2023 peak of 229.3510, 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 1,084,510 SOS

2023 Average 1,085,486 SOS

Yearly Trough Low 993,292 SOS

Transaction Impact: A difference of 91,218.22 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

216.8219

201.4625

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 211.6156, compared to 208.9472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6685 points.

H1 Avg (Jan–Jun) 211.6156

H2 Avg (Jul–Dec) 208.9472

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 12.5659 SOS (High: 214.7752 / Low: 202.2093). On the other end, October was the most stable month, with a tight range of 2.5026 SOS (High: 210.5528 / Low: 208.0502).

May Spread (Volatile) ±12.5659

October Spread (Stable) ±2.5026

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 7.9919 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.9919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 215.5420) against the same month in 2023 (average: 215.1926), the exchange rate shifted by +0.3494 (+0.16%).

2024 Avg (February) 215.5420

2023 Avg (February) 215.1926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	215.3755	211.6129	213.5152
February	216.9021	214.2589	215.5420
March	215.7209	210.5104	213.6094
April	214.8339	212.0082	213.5506
May	214.7752	202.2093	210.7343
June	206.0916	198.6584	202.7424
July	211.6909	203.7500	208.8994
August	213.1914	209.3583	211.6370
September	213.1616	208.8558	211.4630
October	210.5528	208.0502	209.5945
November	211.2939	202.8339	209.0860
December	204.3565	199.2117	203.0030