YEARLY HIGH
0.0049 GEL
YEARLY LOW
0.0041 GEL
YEARLY AVERAGE
0.0044 GEL

2023 SDG to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0049. Conversely, the yearly low was recorded on May 3, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0008 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0045, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0049 was down 36.03% compared to the 2022 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25 GEL
2022 Average 30 GEL
Yearly Trough Low 21 GEL
Transaction Impact: A difference of 4.00 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0047
0.0042
JanuMarcMayJulySeptNove

SDG 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 0.0044, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0044
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0005 GEL (High: 0.0049 / Low: 0.0045). On the other end, June was the most stable month, with a tight range of 0.0000 GEL (High: 0.0044 / Low: 0.0043).

November Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0045) against the same month in 2022 (average: 0.0048), the exchange rate shifted by -0.0003 (-5.56%).

2023 Avg (November) 0.0045
2022 Avg (November) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0045 0.0046
February 0.0046 0.0045 0.0045
March 0.0045 0.0043 0.0044
April 0.0044 0.0042 0.0042
May 0.0043 0.0041 0.0042
June 0.0044 0.0043 0.0043
July 0.0043 0.0043 0.0043
August 0.0044 0.0043 0.0044
September 0.0045 0.0043 0.0044
October 0.0045 0.0044 0.0045
November 0.0049 0.0045 0.0045
December 0.0045 0.0044 0.0045