2024 GEL to YER Historical Review

YEARLY HIGH

95.0095 YER

YEARLY LOW

87.2126 YER

YEARLY AVERAGE

92.1188 YER

2024 GEL to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 95.0095. Conversely, the yearly low was recorded on June 16, dropping to 87.2126.

This high-to-low spread represents a total annual volatility of 7.7969 YER. From a start-to-finish perspective, comparing the January average rate of 93.5712 to the December average rate of 88.8536, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 95.0095 was down 5.86% compared to the 2023 peak of 100.9274, 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 475,047 YER

2023 Average 477,273 YER

Yearly Trough Low 436,063 YER

Transaction Impact: A difference of 38,984.67 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

94.9149

88.2855

JanuMarcMayJulySeptNove

GEL to YER 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 92.7188, compared to 91.5187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2002 points.

H1 Avg (Jan–Jun) 92.7188

H2 Avg (Jul–Dec) 91.5187

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 5.6928 YER (High: 94.1353 / Low: 88.4425). On the other end, October was the most stable month, with a tight range of 1.0352 YER (High: 92.2192 / Low: 91.1840).

May Spread (Volatile) ±5.6928

October Spread (Stable) ±1.0352

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 3.5082 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.5082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 94.3624) against the same month in 2023 (average: 94.7330), the exchange rate shifted by -0.3706 (-0.39%).

2024 Avg (February) 94.3624

2023 Avg (February) 94.7330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	94.3032	93.0669	93.5712
February	95.0095	93.9212	94.3624
March	94.4906	92.2100	93.6120
April	94.1165	92.9128	93.5832
May	94.1353	88.4425	92.3462
June	90.3247	87.2126	88.8380
July	92.7222	89.4107	91.5581
August	93.4328	92.3801	92.8638
September	93.3271	91.5174	92.6325
October	92.2192	91.1840	91.7920
November	92.0166	88.8582	91.4121
December	89.4197	87.2300	88.8536