2024 KGS to GEL Historical Review

YEARLY HIGH

0.0331 GEL

YEARLY LOW

0.0295 GEL

YEARLY AVERAGE

0.0312 GEL

2024 KGS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0331. Conversely, the yearly low was recorded on February 19, dropping to 0.0295.

This high-to-low spread represents a total annual volatility of 0.0036 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0300 to the December average rate of 0.0324, the exchange rate registered a net change of 8.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0331 was up 2.96% compared to the 2023 peak of 0.0321, 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 165 GEL

2023 Average 149 GEL

Yearly Trough Low 147 GEL

Transaction Impact: A difference of 18.00 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0327

0.0294

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 0.0304, compared to 0.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0304

H2 Avg (Jul–Dec) 0.0320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0020 GEL (High: 0.0320 / Low: 0.0300). On the other end, February was the most stable month, with a tight range of 0.0004 GEL (High: 0.0298 / Low: 0.0295).

May Spread (Volatile) ±0.0020

February Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0324) against the same month in 2023 (average: 0.0301), the exchange rate shifted by +0.0023 (+7.48%).

2024 Avg (December) 0.0324

2023 Avg (December) 0.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0302	0.0297	0.0300
February	0.0298	0.0295	0.0297
March	0.0303	0.0296	0.0299
April	0.0303	0.0299	0.0300
May	0.0320	0.0300	0.0307
June	0.0329	0.0317	0.0324
July	0.0325	0.0318	0.0322
August	0.0323	0.0313	0.0317
September	0.0325	0.0317	0.0320
October	0.0324	0.0317	0.0320
November	0.0324	0.0315	0.0317
December	0.0331	0.0322	0.0324