2024 GMD to GEL Historical Review

YEARLY HIGH

0.0424 GEL

YEARLY LOW

0.0379 GEL

YEARLY AVERAGE

0.0395 GEL

2024 GMD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.0424. Conversely, the yearly low was recorded on September 3, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0045 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0398 to the December average rate of 0.0392, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0424 was down 4.12% compared to the 2023 peak of 0.0442, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 212 GEL

2023 Average 211 GEL

Yearly Trough Low 189 GEL

Transaction Impact: A difference of 22.37 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0419

0.0381

JanuMarcMayJulySeptNove

GMD to GEL 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 0.0399, compared to 0.0391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0399

H2 Avg (Jul–Dec) 0.0391

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0024 GEL (High: 0.0417 / Low: 0.0392). On the other end, April was the most stable month, with a tight range of 0.0006 GEL (High: 0.0397 / Low: 0.0391).

May Spread (Volatile) ±0.0024

April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0416) against the same month in 2023 (average: 0.0439), the exchange rate shifted by -0.0023 (-5.26%).

2024 Avg (June) 0.0416

2023 Avg (June) 0.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0400	0.0394	0.0398
February	0.0395	0.0389	0.0392
March	0.0400	0.0390	0.0394
April	0.0397	0.0391	0.0394
May	0.0417	0.0392	0.0400
June	0.0424	0.0409	0.0416
July	0.0413	0.0391	0.0403
August	0.0393	0.0380	0.0386
September	0.0398	0.0379	0.0389
October	0.0403	0.0386	0.0394
November	0.0396	0.0380	0.0384
December	0.0404	0.0389	0.0392