2024 LRD to GEL Historical Review

YEARLY HIGH

0.0160 GEL

YEARLY LOW

0.0134 GEL

YEARLY AVERAGE

0.0142 GEL

2024 LRD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0160. Conversely, the yearly low was recorded on September 20, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0026 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0156, the exchange rate registered a net change of 10.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0160 was down 8.26% compared to the 2023 peak of 0.0175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80 GEL

2023 Average 75 GEL

Yearly Trough Low 67 GEL

Transaction Impact: A difference of 13.11 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0158

0.0136

JanuMarcMayJulySeptNove

LRD 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 0.0141, compared to 0.0144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0141

H2 Avg (Jul–Dec) 0.0144

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0015 GEL (High: 0.0157 / Low: 0.0142). On the other end, February was the most stable month, with a tight range of 0.0002 GEL (High: 0.0140 / Low: 0.0138).

November Spread (Volatile) ±0.0015

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, 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 (December 2024: 0.0156) against the same month in 2023 (average: 0.0143), the exchange rate shifted by +0.0013 (+9.24%).

2024 Avg (December) 0.0156

2023 Avg (December) 0.0143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0143	0.0140	0.0141
February	0.0140	0.0138	0.0139
March	0.0141	0.0138	0.0139
April	0.0141	0.0138	0.0139
May	0.0146	0.0137	0.0140
June	0.0148	0.0143	0.0145
July	0.0144	0.0138	0.0140
August	0.0139	0.0136	0.0138
September	0.0141	0.0134	0.0138
October	0.0143	0.0141	0.0142
November	0.0157	0.0142	0.0148
December	0.0160	0.0153	0.0156