2023 LKR to GEL Historical Review

YEARLY HIGH

0.0090 GEL

YEARLY LOW

0.0071 GEL

YEARLY AVERAGE

0.0080 GEL

2023 LKR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0090. Conversely, the yearly low was recorded on March 9, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0019 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0082, the exchange rate registered a net change of 12.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0090 was down 46.52% compared to the 2022 peak of 0.0168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45 GEL

2022 Average 48 GEL

Yearly Trough Low 35 GEL

Transaction Impact: A difference of 9.57 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0088

0.0071

JanuMarcMayJulySeptNove

LKR 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 0.0078, compared to 0.0082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0078

H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0011 GEL (High: 0.0089 / Low: 0.0078). On the other end, October was the most stable month, with a tight range of 0.0001 GEL (High: 0.0083 / Low: 0.0082).

May Spread (Volatile) ±0.0011

October 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 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0086) against the same month in 2022 (average: 0.0082), the exchange rate shifted by +0.0005 (+5.63%).

2023 Avg (June) 0.0086

2022 Avg (June) 0.0082

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0074	0.0072	0.0073
February	0.0073	0.0071	0.0072
March	0.0080	0.0071	0.0077
April	0.0080	0.0077	0.0078
May	0.0089	0.0078	0.0082
June	0.0090	0.0081	0.0086
July	0.0085	0.0078	0.0081
August	0.0082	0.0080	0.0081
September	0.0083	0.0081	0.0082
October	0.0083	0.0082	0.0083
November	0.0083	0.0082	0.0082
December	0.0083	0.0081	0.0082