2023 RSD to GEL Historical Review

YEARLY HIGH

0.0255 GEL

YEARLY LOW

0.0232 GEL

YEARLY AVERAGE

0.0242 GEL

2023 RSD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0255. Conversely, the yearly low was recorded on March 8, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0023 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0245 to the December average rate of 0.0250, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0255 was down 20.07% compared to the 2022 peak of 0.0319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 128 GEL

2022 Average 131 GEL

Yearly Trough Low 116 GEL

Transaction Impact: A difference of 11.52 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0252

0.0234

JanuMarcMayJulySeptNove

RSD 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 0.0239, compared to 0.0245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0239

H2 Avg (Jul–Dec) 0.0245

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0010 GEL (High: 0.0255 / Low: 0.0245). On the other end, August was the most stable month, with a tight range of 0.0004 GEL (High: 0.0245 / Low: 0.0242).

December Spread (Volatile) ±0.0010

August Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0250) against the same month in 2022 (average: 0.0242), the exchange rate shifted by +0.0009 (+3.60%).

2023 Avg (December) 0.0250

2022 Avg (December) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0248	0.0241	0.0245
February	0.0247	0.0237	0.0241
March	0.0239	0.0232	0.0236
April	0.0238	0.0233	0.0236
May	0.0240	0.0232	0.0236
June	0.0246	0.0238	0.0242
July	0.0247	0.0241	0.0244
August	0.0245	0.0242	0.0243
September	0.0245	0.0238	0.0241
October	0.0245	0.0239	0.0242
November	0.0253	0.0245	0.0249
December	0.0255	0.0245	0.0250