2023 LBP to GEL Historical Review

YEARLY HIGH

0.0018 GEL

YEARLY LOW

0.0002 GEL

YEARLY AVERAGE

0.0003 GEL

2023 LBP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0018. Conversely, the yearly low was recorded on May 8, dropping to 0.0002.

This high-to-low spread represents a total annual volatility of 0.0016 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0002, the exchange rate registered a net change of -89.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0018 was down 21.39% compared to the 2022 peak of 0.0023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 GEL

2022 Average 10 GEL

Yearly Trough Low 1 GEL

Transaction Impact: A difference of 8.11 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0019

0.0000

JanuMarcMayJulySeptNove

LBP 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 0.0005, compared to 0.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0005

H2 Avg (Jul–Dec) 0.0002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0016 GEL (High: 0.0017 / Low: 0.0002). On the other end, October was the most stable month, with a tight range of 0.0000 GEL (High: 0.0002 / Low: 0.0002).

February Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0018) against the same month in 2022 (average: 0.0020), the exchange rate shifted by -0.0003 (-13.65%).

2023 Avg (January) 0.0018

2022 Avg (January) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0018	0.0017	0.0018
February	0.0017	0.0002	0.0005
March	0.0002	0.0002	0.0002
April	0.0002	0.0002	0.0002
May	0.0002	0.0002	0.0002
June	0.0002	0.0002	0.0002
July	0.0002	0.0002	0.0002
August	0.0002	0.0002	0.0002
September	0.0002	0.0002	0.0002
October	0.0002	0.0002	0.0002
November	0.0002	0.0002	0.0002
December	0.0002	0.0002	0.0002