YEARLY HIGH
0.5933 GEL
YEARLY LOW
0.5433 GEL
YEARLY AVERAGE
0.5627 GEL

2024 LYD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.5933. Conversely, the yearly low was recorded on February 18, dropping to 0.5433.

This high-to-low spread represents a total annual volatility of 0.0501 GEL. From a start-to-finish perspective, comparing the January average rate of 0.5568 to the December average rate of 0.5752, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5933 was up 5.10% compared to the 2023 peak of 0.5645, 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 2,967 GEL
2023 Average 2,728 GEL
Yearly Trough Low 2,716 GEL
Transaction Impact: A difference of 250.30 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5845
0.5449
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 0.5585, compared to 0.5669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.5585
H2 Avg (Jul–Dec) 0.5669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0353 GEL (High: 0.5819 / Low: 0.5466). On the other end, February was the most stable month, with a tight range of 0.0096 GEL (High: 0.5529 / Low: 0.5433).

May Spread (Volatile) ±0.0353
February Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0167 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.5812) against the same month in 2023 (average: 0.5424), the exchange rate shifted by +0.0388 (+7.15%).

2024 Avg (June) 0.5812
2023 Avg (June) 0.5424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5626 0.5508 0.5568
February 0.5529 0.5433 0.5482
March 0.5634 0.5481 0.5548
April 0.5573 0.5459 0.5515
May 0.5819 0.5466 0.5587
June 0.5933 0.5717 0.5812
July 0.5757 0.5587 0.5645
August 0.5680 0.5575 0.5629
September 0.5770 0.5623 0.5681
October 0.5760 0.5635 0.5685
November 0.5758 0.5577 0.5621
December 0.5874 0.5688 0.5752