YEARLY HIGH
0.0099 GEL
YEARLY LOW
0.0083 GEL
YEARLY AVERAGE
0.0090 GEL

2024 LKR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0099. Conversely, the yearly low was recorded on January 18, dropping to 0.0083.

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 0.0083 to the December average rate of 0.0096, the exchange rate registered a net change of 15.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0099 was up 9.78% compared to the 2023 peak of 0.0090, 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 49 GEL
2023 Average 40 GEL
Yearly Trough Low 41 GEL
Transaction Impact: A difference of 8.03 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0098
0.0082
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 0.0088, compared to 0.0092 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) 0.0088
H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0005 GEL (High: 0.0090 / Low: 0.0085). On the other end, August was the most stable month, with a tight range of 0.0001 GEL (High: 0.0091 / Low: 0.0089).

March Spread (Volatile) ±0.0005
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0096) against the same month in 2023 (average: 0.0082), the exchange rate shifted by +0.0014 (+17.39%).

2024 Avg (December) 0.0096
2023 Avg (December) 0.0082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0085 0.0083 0.0083
February 0.0086 0.0084 0.0085
March 0.0090 0.0085 0.0088
April 0.0090 0.0088 0.0089
May 0.0094 0.0089 0.0091
June 0.0095 0.0091 0.0093
July 0.0092 0.0089 0.0090
August 0.0091 0.0089 0.0090
September 0.0092 0.0088 0.0090
October 0.0094 0.0092 0.0093
November 0.0097 0.0092 0.0094
December 0.0099 0.0095 0.0096