2023 SVC to GEL Historical Review

YEARLY HIGH

0.3117 GEL

YEARLY LOW

0.2835 GEL

YEARLY AVERAGE

0.3000 GEL

2023 SVC to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.3117. Conversely, the yearly low was recorded on May 3, dropping to 0.2835.

This high-to-low spread represents a total annual volatility of 0.0282 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3046 to the December average rate of 0.3066, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3117 was down 20.96% compared to the 2022 peak of 0.3944, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,559 GEL

2022 Average 1,666 GEL

Yearly Trough Low 1,417 GEL

Transaction Impact: A difference of 141.07 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3112

0.2864

JanuMarcMayJulySeptNove

SVC 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 0.2966, compared to 0.3034 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) 0.2966

H2 Avg (Jul–Dec) 0.3034

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0143 GEL (High: 0.2978 / Low: 0.2835). On the other end, October was the most stable month, with a tight range of 0.0038 GEL (High: 0.3094 / Low: 0.3055).

May Spread (Volatile) ±0.0143

October Spread (Stable) ±0.0038

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 0.0068 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3091) against the same month in 2022 (average: 0.3112), the exchange rate shifted by -0.0021 (-0.67%).

2023 Avg (November) 0.3091

2022 Avg (November) 0.3112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3085	0.3004	0.3046
February	0.3054	0.2977	0.3020
March	0.3006	0.2914	0.2952
April	0.2923	0.2857	0.2884
May	0.2978	0.2835	0.2907
June	0.3019	0.2972	0.2985
July	0.3002	0.2931	0.2959
August	0.3013	0.2966	0.2990
September	0.3085	0.2984	0.3025
October	0.3094	0.3055	0.3074
November	0.3117	0.3064	0.3091
December	0.3084	0.3041	0.3066