2024 NPR to GEL Historical Review

YEARLY HIGH

0.0215 GEL

YEARLY LOW

0.0198 GEL

YEARLY AVERAGE

0.0203 GEL

2024 NPR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0215. Conversely, the yearly low was recorded on February 19, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0017 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0201 to the December average rate of 0.0207, the exchange rate registered a net change of 2.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0215 was up 4.16% compared to the 2023 peak of 0.0207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108 GEL

2023 Average 99 GEL

Yearly Trough Low 99 GEL

Transaction Impact: A difference of 8.42 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0212

0.0199

JanuMarcMayJulySeptNove

NPR 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 0.0203, compared to 0.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0203

H2 Avg (Jul–Dec) 0.0203

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0013 GEL (High: 0.0212 / Low: 0.0199). On the other end, February was the most stable month, with a tight range of 0.0003 GEL (High: 0.0201 / Low: 0.0198).

May Spread (Volatile) ±0.0013

February Spread (Stable) ±0.0003

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 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0211) against the same month in 2023 (average: 0.0199), the exchange rate shifted by +0.0012 (+6.29%).

2024 Avg (June) 0.0211

2023 Avg (June) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0203	0.0199	0.0201
February	0.0201	0.0198	0.0200
March	0.0204	0.0200	0.0201
April	0.0202	0.0199	0.0201
May	0.0212	0.0199	0.0203
June	0.0215	0.0207	0.0211
July	0.0210	0.0202	0.0205
August	0.0204	0.0199	0.0201
September	0.0205	0.0200	0.0202
October	0.0204	0.0202	0.0203
November	0.0208	0.0200	0.0203
December	0.0212	0.0204	0.0207