2023 KZT to GEL Historical Review

YEARLY HIGH

0.0060 GEL

YEARLY LOW

0.0055 GEL

YEARLY AVERAGE

0.0057 GEL

2023 KZT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.0060. Conversely, the yearly low was recorded on April 28, 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 0.0058, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0060 was down 15.75% compared to the 2022 peak of 0.0071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 GEL

2022 Average 32 GEL

Yearly Trough Low 27 GEL

Transaction Impact: A difference of 2.69 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0059

0.0056

JanuMarcMayJulySeptNove

KZT 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 0.0000 points.

H1 Avg (Jan–Jun) 0.0057

H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0005 GEL (High: 0.0060 / Low: 0.0055). On the other end, December was the most stable month, with a tight range of 0.0001 GEL (High: 0.0059 / Low: 0.0058).

March Spread (Volatile) ±0.0005

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0057) against the same month in 2022 (average: 0.0064), the exchange rate shifted by -0.0007 (-10.73%).

2023 Avg (March) 0.0057

2022 Avg (March) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

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