YEARLY HIGH
47.9754 VUV
YEARLY LOW
43.7200 VUV
YEARLY AVERAGE
45.2392 VUV

2023 GEL to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 47.9754. Conversely, the yearly low was recorded on January 8, dropping to 43.7200.

This high-to-low spread represents a total annual volatility of 4.2554 VUV. From a start-to-finish perspective, comparing the January average rate of 44.2907 to the December average rate of 44.2067, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.9754 was up 4.80% compared to the 2022 peak of 45.7771, 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 239,877 VUV
2022 Average 201,368 VUV
Yearly Trough Low 218,600 VUV
Transaction Impact: A difference of 21,277.02 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.5184
43.6188
JanuMarcMayJulySeptNove

GEL to VUV 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 45.7175, compared to 44.7608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9567 points.

H1 Avg (Jan–Jun) 45.7175
H2 Avg (Jul–Dec) 44.7608

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 2.3021 VUV (High: 47.9754 / Low: 45.6733). On the other end, October was the most stable month, with a tight range of 0.4922 VUV (High: 44.3821 / Low: 43.8898).

May Spread (Volatile) ±2.3021
October Spread (Stable) ±0.4922

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 1.2470 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 46.8100) against the same month in 2022 (average: 38.6676), the exchange rate shifted by +8.1423 (+21.06%).

2023 Avg (May) 46.8100
2022 Avg (May) 38.6676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 44.8837 43.7200 44.2907
February 44.9050 44.2112 44.6700
March 46.7042 44.8837 45.7779
April 47.7827 46.5671 47.1934
May 47.9754 45.6733 46.8100
June 45.6733 45.1533 45.5630
July 46.3856 45.5858 45.9928
August 45.6623 45.0558 45.3817
September 45.4874 44.1346 44.8650
October 44.3821 43.8898 44.1750
November 44.2993 43.7282 43.9437
December 44.5486 43.9711 44.2067