2024 GEL to TWD Historical Review

YEARLY HIGH

12.2229 TWD

YEARLY LOW

11.2547 TWD

YEARLY AVERAGE

11.8119 TWD

2024 GEL to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 12.2229. Conversely, the yearly low was recorded on June 12, dropping to 11.2547.

This high-to-low spread represents a total annual volatility of 0.9682 TWD. From a start-to-finish perspective, comparing the January average rate of 11.6587 to the December average rate of 11.5744, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.2229 was down 1.35% compared to the 2023 peak of 12.3903, 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 61,114 TWD

2023 Average 59,374 TWD

Yearly Trough Low 56,274 TWD

Transaction Impact: A difference of 4,840.88 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.1502

11.4344

JanuMarcMayJulySeptNove

GEL to TWD 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 11.8091, compared to 11.8148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 11.8091

H2 Avg (Jul–Dec) 11.8148

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.8212 TWD (High: 12.1588 / Low: 11.3376). On the other end, February was the most stable month, with a tight range of 0.2094 TWD (High: 11.9358 / Low: 11.7265).

May Spread (Volatile) ±0.8212

February Spread (Stable) ±0.2094

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 0.4243 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 12.0906) against the same month in 2023 (average: 12.1217), the exchange rate shifted by -0.0311 (-0.26%).

2024 Avg (April) 12.0906

2023 Avg (April) 12.1217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8859	11.4278	11.6587
February	11.9358	11.7265	11.8478
March	11.9165	11.6930	11.8452
April	12.2229	11.8890	12.0906
May	12.1588	11.3376	11.9183
June	11.6711	11.2547	11.4940
July	12.1530	11.6159	11.9344
August	12.1314	11.7866	11.9582
September	11.9380	11.6128	11.8240
October	11.8549	11.6130	11.7686
November	11.9507	11.5392	11.8289
December	11.7228	11.3258	11.5744