2023 RON to GEL Historical Review

YEARLY HIGH

0.6007 GEL

YEARLY LOW

0.5479 GEL

YEARLY AVERAGE

0.5737 GEL

2023 RON to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6007. Conversely, the yearly low was recorded on May 18, dropping to 0.5479.

This high-to-low spread represents a total annual volatility of 0.0528 GEL. From a start-to-finish perspective, comparing the January average rate of 0.5835 to the December average rate of 0.5901, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6007 was down 20.81% compared to the 2022 peak of 0.7585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,003 GEL

2022 Average 3,120 GEL

Yearly Trough Low 2,739 GEL

Transaction Impact: A difference of 263.83 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5933

0.5548

JanuMarcMayJulySeptNove

RON 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 0.5681, compared to 0.5792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.5681

H2 Avg (Jul–Dec) 0.5792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0257 GEL (High: 0.5900 / Low: 0.5643). On the other end, August was the most stable month, with a tight range of 0.0079 GEL (High: 0.5824 / Low: 0.5745).

February Spread (Volatile) ±0.0257

August Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0155 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5901) against the same month in 2022 (average: 0.5758), the exchange rate shifted by +0.0143 (+2.48%).

2023 Avg (December) 0.5901

2022 Avg (December) 0.5758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5909	0.5741	0.5835
February	0.5900	0.5643	0.5761
March	0.5703	0.5541	0.5606
April	0.5655	0.5551	0.5598
May	0.5701	0.5479	0.5580
June	0.5820	0.5623	0.5708
July	0.5858	0.5702	0.5788
August	0.5824	0.5745	0.5775
September	0.5769	0.5623	0.5689
October	0.5786	0.5629	0.5716
November	0.5976	0.5784	0.5881
December	0.6007	0.5774	0.5901