YEARLY HIGH
0.0061 GEL
YEARLY LOW
0.0055 GEL
YEARLY AVERAGE
0.0058 GEL

2023 KMF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0061. Conversely, the yearly low was recorded on March 16, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0005 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0060, the exchange rate registered a net change of 2.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0061 was down 20.73% compared to the 2022 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 GEL
2022 Average 31 GEL
Yearly Trough Low 28 GEL
Transaction Impact: A difference of 2.74 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0060
0.0056
JanuMarcMayJulySeptNove

KMF 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 0.0057, compared to 0.0058 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) 0.0057
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0002 GEL (High: 0.0061 / Low: 0.0058). On the other end, August was the most stable month, with a tight range of 0.0001 GEL (High: 0.0058 / Low: 0.0058).

December Spread (Volatile) ±0.0002
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0060) against the same month in 2022 (average: 0.0058), the exchange rate shifted by +0.0002 (+3.45%).

2023 Avg (December) 0.0060
2022 Avg (December) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0058 0.0058
February 0.0058 0.0056 0.0057
March 0.0057 0.0055 0.0056
April 0.0057 0.0055 0.0056
May 0.0057 0.0055 0.0056
June 0.0058 0.0056 0.0057
July 0.0059 0.0057 0.0058
August 0.0058 0.0058 0.0058
September 0.0058 0.0057 0.0057
October 0.0058 0.0057 0.0058
November 0.0060 0.0058 0.0059
December 0.0061 0.0058 0.0060