2024 GEL to VUV Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GEL to VUV Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GEL to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 45.0558. Conversely, the yearly low was recorded on December 3, dropping to 41.3666.
This high-to-low spread represents a total annual volatility of 3.6892 VUV. From a start-to-finish perspective, comparing the January average rate of 44.3748 to the December average rate of 42.1838, the exchange rate registered a net change of -4.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 45.0558 was down 6.09% compared to the 2023 peak of 47.9754, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 43.9729, compared to 43.4217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5511 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 2.6068 VUV (High: 44.6323 / Low: 42.0255). On the other end, October was the most stable month, with a tight range of 0.4779 VUV (High: 43.7282 / Low: 43.2503).
Growth Streaks & Declines
TrendsBetween 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 1.6848 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 44.7590) against the same month in 2023 (average: 44.6700), the exchange rate shifted by +0.0889 (+0.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.7164 | 44.1346 | 44.3748 |
| February | 45.0558 | 44.5486 | 44.7590 |
| March | 44.8008 | 43.7282 | 44.3913 |
| April | 44.6323 | 44.0527 | 44.3760 |
| May | 44.6323 | 42.0255 | 43.8105 |
| June | 42.8341 | 41.3666 | 42.1257 |
| July | 43.9711 | 42.4007 | 43.4196 |
| August | 44.2993 | 43.8089 | 44.0398 |
| September | 44.2580 | 43.4084 | 43.9319 |
| October | 43.7282 | 43.2503 | 43.5308 |
| November | 43.7282 | 42.2123 | 43.4245 |
| December | 42.4012 | 41.3666 | 42.1838 |