2024 SBD to GEL Historical Review

YEARLY HIGH

0.3438 GEL

YEARLY LOW

0.3035 GEL

YEARLY AVERAGE

0.3227 GEL

2024 SBD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.3438. Conversely, the yearly low was recorded on March 12, dropping to 0.3035.

This high-to-low spread represents a total annual volatility of 0.0402 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3177 to the December average rate of 0.3359, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3438 was up 5.23% compared to the 2023 peak of 0.3267, 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 1,719 GEL

2023 Average 1,572 GEL

Yearly Trough Low 1,518 GEL

Transaction Impact: A difference of 201.22 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3381

0.3116

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 0.3193, compared to 0.3261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.3193

H2 Avg (Jul–Dec) 0.3261

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0194 GEL (High: 0.3319 / Low: 0.3125). On the other end, August was the most stable month, with a tight range of 0.0050 GEL (High: 0.3207 / Low: 0.3157).

May Spread (Volatile) ±0.0194

August Spread (Stable) ±0.0050

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 June and July, when the average rate fell by 0.0095 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3359) against the same month in 2023 (average: 0.3175), the exchange rate shifted by +0.0183 (+5.78%).

2024 Avg (December) 0.3359

2023 Avg (December) 0.3175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3203	0.3146	0.3177
February	0.3171	0.3108	0.3138
March	0.3205	0.3035	0.3159
April	0.3180	0.3124	0.3155
May	0.3319	0.3125	0.3195
June	0.3395	0.3283	0.3331
July	0.3318	0.3185	0.3237
August	0.3207	0.3157	0.3179
September	0.3298	0.3174	0.3240
October	0.3316	0.3257	0.3283
November	0.3355	0.3250	0.3270
December	0.3438	0.3340	0.3359