YEARLY HIGH
0.5645 GEL
YEARLY LOW
0.5205 GEL
YEARLY AVERAGE
0.5455 GEL

2023 LYD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5645. Conversely, the yearly low was recorded on May 3, dropping to 0.5205.

This high-to-low spread represents a total annual volatility of 0.0440 GEL. From a start-to-finish perspective, comparing the January average rate of 0.5574 to the December average rate of 0.5586, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5645 was down 23.73% compared to the 2022 peak of 0.7402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,823 GEL
2022 Average 3,039 GEL
Yearly Trough Low 2,603 GEL
Transaction Impact: A difference of 220.03 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5615
0.5266
JanuMarcMayJulySeptNove

LYD 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 0.5415, compared to 0.5496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.5415
H2 Avg (Jul–Dec) 0.5496

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0220 GEL (High: 0.5426 / Low: 0.5205). On the other end, August was the most stable month, with a tight range of 0.0055 GEL (High: 0.5467 / Low: 0.5412).

May Spread (Volatile) ±0.0220
August Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 0.0144 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5586) against the same month in 2022 (average: 0.5531), the exchange rate shifted by +0.0056 (+1.00%).

2023 Avg (December) 0.5586
2022 Avg (December) 0.5531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5620 0.5530 0.5574
February 0.5579 0.5425 0.5512
March 0.5440 0.5324 0.5368
April 0.5376 0.5247 0.5295
May 0.5426 0.5205 0.5316
June 0.5507 0.5384 0.5424
July 0.5483 0.5379 0.5423
August 0.5467 0.5412 0.5440
September 0.5541 0.5385 0.5455
October 0.5530 0.5453 0.5495
November 0.5641 0.5499 0.5576
December 0.5645 0.5504 0.5586