2024 MWK to GEL Historical Review

YEARLY HIGH

0.0017 GEL

YEARLY LOW

0.0015 GEL

YEARLY AVERAGE

0.0016 GEL

2024 MWK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0017. Conversely, the yearly low was recorded on May 6, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0001 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0016 to the December average rate of 0.0016, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0017 was down 37.10% compared to the 2023 peak of 0.0026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8 GEL

2023 Average 12 GEL

Yearly Trough Low 8 GEL

Transaction Impact: A difference of 0.64 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0016

0.0015

JanuMarcMayJulySeptNove

MWK 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 0.0016, compared to 0.0016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0016

H2 Avg (Jul–Dec) 0.0016

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0001 GEL (High: 0.0016 / Low: 0.0015). On the other end, October was the most stable month, with a tight range of 0.0000 GEL (High: 0.0016 / Low: 0.0016).

May Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0016) against the same month in 2023 (average: 0.0025), the exchange rate shifted by -0.0009 (-36.20%).

2024 Avg (June) 0.0016

2023 Avg (June) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0016	0.0016	0.0016
February	0.0016	0.0016	0.0016
March	0.0016	0.0015	0.0016
April	0.0016	0.0015	0.0015
May	0.0016	0.0015	0.0016
June	0.0017	0.0016	0.0016
July	0.0016	0.0016	0.0016
August	0.0016	0.0015	0.0016
September	0.0016	0.0015	0.0016
October	0.0016	0.0016	0.0016
November	0.0016	0.0016	0.0016
December	0.0017	0.0016	0.0016