2024 SRD to GEL Historical Review

YEARLY HIGH

0.0942 GEL

YEARLY LOW

0.0719 GEL

YEARLY AVERAGE

0.0826 GEL

2024 SRD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0942. Conversely, the yearly low was recorded on January 18, dropping to 0.0719.

This high-to-low spread represents a total annual volatility of 0.0223 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0729 to the December average rate of 0.0799, the exchange rate registered a net change of 9.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0942 was up 10.10% compared to the 2023 peak of 0.0856, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 471 GEL

2023 Average 360 GEL

Yearly Trough Low 359 GEL

Transaction Impact: A difference of 111.74 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0957

0.0709

JanuMarcMayJulySeptNove

SRD 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 0.0788, compared to 0.0864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0788

H2 Avg (Jul–Dec) 0.0864

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0092 GEL (High: 0.0888 / Low: 0.0795). On the other end, August was the most stable month, with a tight range of 0.0012 GEL (High: 0.0942 / Low: 0.0930).

October Spread (Volatile) ±0.0092

August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0070 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0936) against the same month in 2023 (average: 0.0684), the exchange rate shifted by +0.0253 (+36.95%).

2024 Avg (August) 0.0936

2023 Avg (August) 0.0684

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0736	0.0719	0.0729
February	0.0753	0.0725	0.0734
March	0.0775	0.0748	0.0759
April	0.0791	0.0765	0.0773
May	0.0877	0.0791	0.0831
June	0.0916	0.0862	0.0899
July	0.0941	0.0907	0.0921
August	0.0942	0.0930	0.0936
September	0.0932	0.0886	0.0910
October	0.0888	0.0795	0.0840
November	0.0796	0.0769	0.0777
December	0.0811	0.0795	0.0799