2023 GEL to XDR Historical Review

YEARLY HIGH

0.2998 XDR

YEARLY LOW

0.2763 XDR

YEARLY AVERAGE

0.2857 XDR

2023 GEL to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.2998. Conversely, the yearly low was recorded on November 26, dropping to 0.2763.

This high-to-low spread represents a total annual volatility of 0.0236 XDR. From a start-to-finish perspective, comparing the January average rate of 0.2793 to the December average rate of 0.2792, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2998 was up 5.37% compared to the 2022 peak of 0.2845, 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 1,499 XDR

2022 Average 1,256 XDR

Yearly Trough Low 1,381 XDR

Transaction Impact: A difference of 117.75 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2953

0.2777

JanuMarcMayJulySeptNove

GEL to XDR 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 0.2876, compared to 0.2837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.2876

H2 Avg (Jul–Dec) 0.2837

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0129 XDR (High: 0.2998 / Low: 0.2869). On the other end, October was the most stable month, with a tight range of 0.0029 XDR (High: 0.2848 / Low: 0.2819).

May Spread (Volatile) ±0.0129

October Spread (Stable) ±0.0029

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 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.2926) against the same month in 2022 (average: 0.2456), the exchange rate shifted by +0.0470 (+19.14%).

2023 Avg (May) 0.2926

2022 Avg (May) 0.2456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2814	0.2766	0.2793
February	0.2866	0.2789	0.2825
March	0.2923	0.2861	0.2906
April	0.2965	0.2904	0.2939
May	0.2998	0.2869	0.2926
June	0.2888	0.2823	0.2869
July	0.2898	0.2851	0.2877
August	0.2882	0.2837	0.2863
September	0.2893	0.2809	0.2858
October	0.2848	0.2819	0.2833
November	0.2836	0.2763	0.2799
December	0.2829	0.2770	0.2792