2023 SBD to GEL Historical Review

YEARLY HIGH

0.3267 GEL

YEARLY LOW

0.2986 GEL

YEARLY AVERAGE

0.3144 GEL

2023 SBD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3267. Conversely, the yearly low was recorded on May 3, dropping to 0.2986.

This high-to-low spread represents a total annual volatility of 0.0281 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3225 to the December average rate of 0.3175, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3267 was down 23.65% compared to the 2022 peak of 0.4279, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,633 GEL

2022 Average 1,792 GEL

Yearly Trough Low 1,493 GEL

Transaction Impact: A difference of 140.69 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3244

0.3022

JanuMarcMayJulySeptNove

SBD 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 0.3133, compared to 0.3156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.3133

H2 Avg (Jul–Dec) 0.3156

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0140 GEL (High: 0.3126 / Low: 0.2986). On the other end, August was the most stable month, with a tight range of 0.0042 GEL (High: 0.3148 / Low: 0.3107).

May Spread (Volatile) ±0.0140

August Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.0094 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3225) against the same month in 2022 (average: 0.3812), the exchange rate shifted by -0.0587 (-15.39%).

2023 Avg (January) 0.3225

2022 Avg (January) 0.3812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3267	0.3193	0.3225
February	0.3246	0.3187	0.3210
March	0.3194	0.3095	0.3134
April	0.3098	0.2987	0.3041
May	0.3126	0.2986	0.3053
June	0.3164	0.3118	0.3133
July	0.3133	0.3056	0.3092
August	0.3148	0.3107	0.3126
September	0.3203	0.3088	0.3151
October	0.3208	0.3156	0.3187
November	0.3225	0.3183	0.3202
December	0.3192	0.3144	0.3175