YEARLY HIGH
0.0050 GEL
YEARLY LOW
0.0046 GEL
YEARLY AVERAGE
0.0048 GEL

2024 SOS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0050. Conversely, the yearly low was recorded on February 18, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0004 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0049, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0050 was up 5.09% compared to the 2023 peak of 0.0048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25 GEL
2023 Average 23 GEL
Yearly Trough Low 23 GEL
Transaction Impact: A difference of 2.12 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0050
0.0046
JanuMarcMayJulySeptNove

SOS 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 0.0047, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0047
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0003 GEL (High: 0.0049 / Low: 0.0047). On the other end, February was the most stable month, with a tight range of 0.0001 GEL (High: 0.0047 / Low: 0.0046).

May Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0049) against the same month in 2023 (average: 0.0046), the exchange rate shifted by +0.0003 (+7.43%).

2024 Avg (June) 0.0049
2023 Avg (June) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0046 0.0047
February 0.0047 0.0046 0.0046
March 0.0048 0.0046 0.0047
April 0.0047 0.0047 0.0047
May 0.0049 0.0047 0.0047
June 0.0050 0.0049 0.0049
July 0.0049 0.0047 0.0048
August 0.0048 0.0047 0.0047
September 0.0048 0.0047 0.0047
October 0.0048 0.0047 0.0048
November 0.0049 0.0047 0.0048
December 0.0050 0.0049 0.0049