2023 PLN to GEL Historical Review

YEARLY HIGH

0.6916 GEL

YEARLY LOW

0.5813 GEL

YEARLY AVERAGE

0.6257 GEL

2023 PLN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6916. Conversely, the yearly low was recorded on March 8, dropping to 0.5813.

This high-to-low spread represents a total annual volatility of 0.1102 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6150 to the December average rate of 0.6772, the exchange rate registered a net change of 10.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6916 was down 11.81% compared to the 2022 peak of 0.7842, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 13,831 GEL

2022 Average 13,150 GEL

Yearly Trough Low 11,627 GEL

Transaction Impact: A difference of 2,204.18 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6860

0.5798

JanuMarcMayJulySeptNove

PLN 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 0.6065, compared to 0.6448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0383 points.

H1 Avg (Jan–Jun) 0.6065

H2 Avg (Jul–Dec) 0.6448

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0446 GEL (High: 0.6877 / Low: 0.6431). On the other end, August was the most stable month, with a tight range of 0.0130 GEL (High: 0.6476 / Low: 0.6347).

November Spread (Volatile) ±0.0446

August Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between March and July, 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 August and September, when the average rate fell by 0.0259 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6772) against the same month in 2022 (average: 0.6055), the exchange rate shifted by +0.0716 (+11.83%).

2023 Avg (December) 0.6772

2022 Avg (December) 0.6055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6405	0.6053	0.6150
February	0.6158	0.5884	0.5962
March	0.6005	0.5813	0.5887
April	0.6046	0.5841	0.5959
May	0.6225	0.5931	0.6084
June	0.6491	0.6205	0.6350
July	0.6502	0.6302	0.6435
August	0.6476	0.6347	0.6401
September	0.6350	0.6024	0.6143
October	0.6453	0.6049	0.6297
November	0.6877	0.6431	0.6643
December	0.6916	0.6617	0.6772