2024 MDL to GEL Historical Review

YEARLY HIGH

0.1623 GEL

YEARLY LOW

0.1474 GEL

YEARLY AVERAGE

0.1533 GEL

2024 MDL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.1623. Conversely, the yearly low was recorded on February 18, dropping to 0.1474.

This high-to-low spread represents a total annual volatility of 0.0149 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1518 to the December average rate of 0.1537, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1623 was up 4.39% compared to the 2023 peak of 0.1555, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 812 GEL

2023 Average 725 GEL

Yearly Trough Low 737 GEL

Transaction Impact: A difference of 74.59 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1601

0.1480

JanuMarcMayJulySeptNove

MDL 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 0.1527, compared to 0.1539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1527

H2 Avg (Jul–Dec) 0.1539

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0092 GEL (High: 0.1597 / Low: 0.1505). On the other end, February was the most stable month, with a tight range of 0.0030 GEL (High: 0.1504 / Low: 0.1474).

May Spread (Volatile) ±0.0092

February Spread (Stable) ±0.0030

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 0.0046 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.1591) against the same month in 2023 (average: 0.1459), the exchange rate shifted by +0.0132 (+9.03%).

2024 Avg (June) 0.1591

2023 Avg (June) 0.1459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1549	0.1500	0.1518
February	0.1504	0.1474	0.1490
March	0.1540	0.1492	0.1515
April	0.1533	0.1486	0.1509
May	0.1597	0.1505	0.1535
June	0.1623	0.1562	0.1591
July	0.1573	0.1521	0.1545
August	0.1562	0.1528	0.1542
September	0.1576	0.1543	0.1555
October	0.1570	0.1512	0.1543
November	0.1540	0.1495	0.1515
December	0.1574	0.1517	0.1537