2024 RSD to GEL Historical Review

YEARLY HIGH

0.0264 GEL

YEARLY LOW

0.0241 GEL

YEARLY AVERAGE

0.0251 GEL

2024 RSD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0264. Conversely, the yearly low was recorded on April 16, dropping to 0.0241.

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 0.0249 to the December average rate of 0.0252, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0264 was up 3.57% compared to the 2023 peak of 0.0255, 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 132 GEL

2023 Average 121 GEL

Yearly Trough Low 121 GEL

Transaction Impact: A difference of 11.46 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0261

0.0243

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 0.0249, compared to 0.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0249

H2 Avg (Jul–Dec) 0.0253

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0019 GEL (High: 0.0263 / Low: 0.0244). On the other end, February was the most stable month, with a tight range of 0.0005 GEL (High: 0.0247 / Low: 0.0242).

May Spread (Volatile) ±0.0019

February Spread (Stable) ±0.0005

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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0259) against the same month in 2023 (average: 0.0242), the exchange rate shifted by +0.0018 (+7.26%).

2024 Avg (June) 0.0259

2023 Avg (June) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0253	0.0246	0.0249
February	0.0247	0.0242	0.0244
March	0.0253	0.0245	0.0248
April	0.0248	0.0241	0.0245
May	0.0263	0.0244	0.0250
June	0.0264	0.0253	0.0259
July	0.0258	0.0250	0.0254
August	0.0258	0.0250	0.0254
September	0.0260	0.0254	0.0257
October	0.0258	0.0251	0.0254
November	0.0254	0.0244	0.0248
December	0.0258	0.0248	0.0252