2023 LSL to GEL Historical Review

YEARLY HIGH

0.1593 GEL

YEARLY LOW

0.1306 GEL

YEARLY AVERAGE

0.1423 GEL

2023 LSL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1593. Conversely, the yearly low was recorded on May 18, dropping to 0.1306.

This high-to-low spread represents a total annual volatility of 0.0288 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1559 to the December average rate of 0.1439, the exchange rate registered a net change of -7.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1593 was down 29.41% compared to the 2022 peak of 0.2257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 797 GEL

2022 Average 897 GEL

Yearly Trough Low 653 GEL

Transaction Impact: A difference of 143.86 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1581

0.1313

JanuMarcMayJulySeptNove

LSL 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 0.1428, compared to 0.1418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1428

H2 Avg (Jul–Dec) 0.1418

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0116 GEL (High: 0.1433 / Low: 0.1317). On the other end, March was the most stable month, with a tight range of 0.0056 GEL (High: 0.1440 / Low: 0.1383).

June Spread (Volatile) ±0.0116

March Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1559) against the same month in 2022 (average: 0.1988), the exchange rate shifted by -0.0430 (-21.62%).

2023 Avg (January) 0.1559

2022 Avg (January) 0.1988

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1593	0.1508	0.1559
February	0.1539	0.1427	0.1477
March	0.1440	0.1383	0.1412
April	0.1436	0.1365	0.1390
May	0.1362	0.1306	0.1336
June	0.1433	0.1317	0.1395
July	0.1476	0.1367	0.1420
August	0.1443	0.1344	0.1392
September	0.1430	0.1359	0.1396
October	0.1440	0.1376	0.1410
November	0.1486	0.1373	0.1453
December	0.1473	0.1398	0.1439