YEARLY HIGH
42.2382 XPF
YEARLY LOW
38.5882 XPF
YEARLY AVERAGE
40.5918 XPF

2024 GEL to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 42.2382. Conversely, the yearly low was recorded on June 12, dropping to 38.5882.

This high-to-low spread represents a total annual volatility of 3.6500 XPF. From a start-to-finish perspective, comparing the January average rate of 40.8825 to the December average rate of 40.4910, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 42.2382 was down 3.66% compared to the 2023 peak of 43.8449, 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 211,191 XPF
2023 Average 210,220 XPF
Yearly Trough Low 192,941 XPF
Transaction Impact: A difference of 18,250.14 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

41.9110
39.1108
JanuMarcMayJulySeptNove

GEL to XPF 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 40.8796, compared to 40.3040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5756 points.

H1 Avg (Jan–Jun) 40.8796
H2 Avg (Jul–Dec) 40.3040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.8573 XPF (High: 41.6523 / Low: 38.7950). On the other end, February was the most stable month, with a tight range of 0.8745 XPF (High: 42.0515 / Low: 41.1770).

May Spread (Volatile) ±2.8573
February Spread (Stable) ±0.8745

Growth Streaks & Declines

Trends

Between September and November, 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 1.3815 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 41.6041) against the same month in 2023 (average: 43.0742), the exchange rate shifted by -1.4701 (-3.41%).

2024 Avg (April) 41.6041
2023 Avg (April) 43.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.3961 40.2694 40.8825
February 42.0515 41.1770 41.6776
March 41.5349 40.2593 41.0436
April 42.2382 41.0049 41.6041
May 41.6523 38.7950 40.7256
June 40.2138 38.5882 39.3441
July 40.7235 39.4302 40.2064
August 40.8231 39.5256 40.1562
September 40.2158 39.1306 39.7459
October 40.6199 39.5785 40.1532
November 41.8293 40.1107 41.0715
December 41.1402 39.5633 40.4910