2024 GEL to XDR Historical Review

YEARLY HIGH

0.2864 XDR

YEARLY LOW

0.2629 XDR

YEARLY AVERAGE

0.2772 XDR

2024 GEL to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.2864. Conversely, the yearly low was recorded on June 10, dropping to 0.2629.

This high-to-low spread represents a total annual volatility of 0.0235 XDR. From a start-to-finish perspective, comparing the January average rate of 0.2799 to the December average rate of 0.2709, the exchange rate registered a net change of -3.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2864 was down 4.46% compared to the 2023 peak of 0.2998, 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 1,432 XDR

2023 Average 1,428 XDR

Yearly Trough Low 1,315 XDR

Transaction Impact: A difference of 117.41 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2856

0.2673

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 0.2794, compared to 0.2750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.2794

H2 Avg (Jul–Dec) 0.2750

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0165 XDR (High: 0.2844 / Low: 0.2680). On the other end, August was the most stable month, with a tight range of 0.0046 XDR (High: 0.2798 / Low: 0.2752).

May Spread (Volatile) ±0.0165

August Spread (Stable) ±0.0046

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 0.0104 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2841) against the same month in 2023 (average: 0.2825), the exchange rate shifted by +0.0015 (+0.53%).

2024 Avg (February) 0.2841

2023 Avg (February) 0.2825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2832	0.2763	0.2799
February	0.2864	0.2813	0.2841
March	0.2845	0.2766	0.2812
April	0.2856	0.2802	0.2830
May	0.2844	0.2680	0.2792
June	0.2738	0.2629	0.2688
July	0.2794	0.2715	0.2766
August	0.2798	0.2752	0.2776
September	0.2767	0.2698	0.2743
October	0.2769	0.2706	0.2739
November	0.2802	0.2715	0.2767
December	0.2742	0.2652	0.2709