2024 SAR to GEL Historical Review

YEARLY HIGH

0.7650 GEL

YEARLY LOW

0.7025 GEL

YEARLY AVERAGE

0.7244 GEL

2024 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.7650. Conversely, the yearly low was recorded on February 18, dropping to 0.7025.

This high-to-low spread represents a total annual volatility of 0.0625 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7134 to the December average rate of 0.7492, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7650 was up 5.70% compared to the 2023 peak of 0.7237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,825 GEL

2023 Average 3,497 GEL

Yearly Trough Low 3,513 GEL

Transaction Impact: A difference of 312.33 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7559

0.7029

JanuMarcMayJulySeptNove

SAR 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 0.7202, compared to 0.7285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.7202

H2 Avg (Jul–Dec) 0.7285

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0440 GEL (High: 0.7533 / Low: 0.7092). On the other end, October was the most stable month, with a tight range of 0.0077 GEL (High: 0.7309 / Low: 0.7232).

May Spread (Volatile) ±0.0440

October Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0224 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.7514) against the same month in 2023 (average: 0.6963), the exchange rate shifted by +0.0552 (+7.92%).

2024 Avg (June) 0.7514

2023 Avg (June) 0.6963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7173	0.7079	0.7134
February	0.7106	0.7025	0.7073
March	0.7240	0.7066	0.7132
April	0.7185	0.7091	0.7133
May	0.7533	0.7092	0.7227
June	0.7650	0.7388	0.7514
July	0.7464	0.7197	0.7290
August	0.7226	0.7140	0.7184
September	0.7291	0.7148	0.7202
October	0.7309	0.7232	0.7263
November	0.7486	0.7227	0.7280
December	0.7639	0.7452	0.7492