2024 PLN to GEL Historical Review

YEARLY HIGH

0.7217 GEL

YEARLY LOW

0.5828 GEL

YEARLY AVERAGE

0.6828 GEL

2024 PLN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.7217. Conversely, the yearly low was recorded on January 1, dropping to 0.5828.

This high-to-low spread represents a total annual volatility of 0.1389 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6661 to the December average rate of 0.6904, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7217 was up 4.36% compared to the 2023 peak of 0.6916, 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 14,434 GEL

2023 Average 12,518 GEL

Yearly Trough Low 11,655 GEL

Transaction Impact: A difference of 2,778.38 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7060

0.6580

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 0.6760, compared to 0.6896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.6760

H2 Avg (Jul–Dec) 0.6896

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0966 GEL (High: 0.6794 / Low: 0.5828). On the other end, February was the most stable month, with a tight range of 0.0173 GEL (High: 0.6714 / Low: 0.6540).

January Spread (Volatile) ±0.0966

February Spread (Stable) ±0.0173

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 October and November, when the average rate fell by 0.0178 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.6844) against the same month in 2023 (average: 0.6084), the exchange rate shifted by +0.0760 (+12.49%).

2024 Avg (May) 0.6844

2023 Avg (May) 0.6084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6794	0.5828	0.6661
February	0.6714	0.6540	0.6620
March	0.6874	0.6652	0.6749
April	0.6821	0.6469	0.6666
May	0.7217	0.6613	0.6844
June	0.7137	0.6859	0.7019
July	0.7063	0.6840	0.6933
August	0.7083	0.6794	0.6927
September	0.7167	0.6918	0.7020
October	0.7031	0.6757	0.6885
November	0.6924	0.6566	0.6707
December	0.7047	0.6797	0.6904