2024 MOP to GEL Historical Review

YEARLY HIGH

0.3577 GEL

YEARLY LOW

0.3270 GEL

YEARLY AVERAGE

0.3382 GEL

2024 MOP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.3577. Conversely, the yearly low was recorded on February 18, dropping to 0.3270.

This high-to-low spread represents a total annual volatility of 0.0307 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3324 to the December average rate of 0.3516, the exchange rate registered a net change of 5.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3577 was up 5.62% compared to the 2023 peak of 0.3387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,789 GEL

2023 Average 1,628 GEL

Yearly Trough Low 1,635 GEL

Transaction Impact: A difference of 153.50 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3539

0.3270

JanuMarcMayJulySeptNove

MOP 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 0.3355, compared to 0.3410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.3355

H2 Avg (Jul–Dec) 0.3410

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0209 GEL (High: 0.3513 / Low: 0.3304). On the other end, October was the most stable month, with a tight range of 0.0041 GEL (High: 0.3433 / Low: 0.3391).

May Spread (Volatile) ±0.0209

October Spread (Stable) ±0.0041

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 0.0103 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3516) against the same month in 2023 (average: 0.3335), the exchange rate shifted by +0.0182 (+5.44%).

2024 Avg (December) 0.3516

2023 Avg (December) 0.3335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3353	0.3294	0.3324
February	0.3315	0.3270	0.3292
March	0.3369	0.3287	0.3321
April	0.3345	0.3298	0.3318
May	0.3513	0.3304	0.3370
June	0.3576	0.3448	0.3504
July	0.3479	0.3357	0.3401
August	0.3393	0.3337	0.3359
September	0.3420	0.3337	0.3367
October	0.3433	0.3391	0.3406
November	0.3515	0.3378	0.3411
December	0.3577	0.3494	0.3516