2024 KZT to GEL Historical Review

YEARLY HIGH

0.0064 GEL

YEARLY LOW

0.0053 GEL

YEARLY AVERAGE

0.0058 GEL

2024 KZT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0064. Conversely, the yearly low was recorded on December 28, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0010 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0054, the exchange rate registered a net change of -8.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0064 was up 6.22% compared to the 2023 peak of 0.0060, 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 32 GEL

2023 Average 29 GEL

Yearly Trough Low 27 GEL

Transaction Impact: A difference of 5.25 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0063

0.0053

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 0.0060, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0060

H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0005 GEL (High: 0.0064 / Low: 0.0059). On the other end, February was the most stable month, with a tight range of 0.0001 GEL (High: 0.0059 / Low: 0.0058).

June Spread (Volatile) ±0.0005

February Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0061) against the same month in 2023 (average: 0.0057), the exchange rate shifted by +0.0004 (+7.54%).

2024 Avg (May) 0.0061

2023 Avg (May) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0060	0.0059	0.0059
February	0.0059	0.0058	0.0059
March	0.0060	0.0059	0.0060
April	0.0061	0.0059	0.0060
May	0.0064	0.0060	0.0061
June	0.0064	0.0059	0.0062
July	0.0059	0.0057	0.0058
August	0.0058	0.0056	0.0056
September	0.0057	0.0056	0.0056
October	0.0057	0.0055	0.0056
November	0.0056	0.0053	0.0055
December	0.0055	0.0053	0.0054