2023 KGS to GEL Historical Review

YEARLY HIGH

0.0321 GEL

YEARLY LOW

0.0283 GEL

YEARLY AVERAGE

0.0299 GEL

2023 KGS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0321. Conversely, the yearly low was recorded on May 3, dropping to 0.0283.

This high-to-low spread represents a total annual volatility of 0.0038 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0311 to the December average rate of 0.0301, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0321 was down 14.27% compared to the 2022 peak of 0.0375, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161 GEL

2022 Average 173 GEL

Yearly Trough Low 142 GEL

Transaction Impact: A difference of 18.89 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0314

0.0286

JanuMarcMayJulySeptNove

KGS 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 0.0298, compared to 0.0299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0298

H2 Avg (Jul–Dec) 0.0299

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0016 GEL (High: 0.0321 / Low: 0.0305). On the other end, October was the most stable month, with a tight range of 0.0003 GEL (High: 0.0303 / Low: 0.0300).

January Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and November, 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 February and March, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0311) against the same month in 2022 (average: 0.0363), the exchange rate shifted by -0.0052 (-14.20%).

2023 Avg (January) 0.0311

2022 Avg (January) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0321	0.0305	0.0311
February	0.0308	0.0301	0.0304
March	0.0301	0.0291	0.0295
April	0.0292	0.0285	0.0288
May	0.0297	0.0283	0.0291
June	0.0302	0.0297	0.0299
July	0.0299	0.0292	0.0295
August	0.0299	0.0296	0.0297
September	0.0303	0.0295	0.0299
October	0.0303	0.0300	0.0302
November	0.0306	0.0300	0.0303
December	0.0303	0.0298	0.0301