2024 SVC to GEL Historical Review

YEARLY HIGH

0.3288 GEL

YEARLY LOW

0.3011 GEL

YEARLY AVERAGE

0.3107 GEL

2024 SVC to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.3288. Conversely, the yearly low was recorded on February 18, dropping to 0.3011.

This high-to-low spread represents a total annual volatility of 0.0277 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3058 to the December average rate of 0.3218, the exchange rate registered a net change of 5.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3288 was up 5.48% compared to the 2023 peak of 0.3117, 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 1,644 GEL

2023 Average 1,500 GEL

Yearly Trough Low 1,506 GEL

Transaction Impact: A difference of 138.26 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3240

0.3012

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 0.3088, compared to 0.3126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.3088

H2 Avg (Jul–Dec) 0.3126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0189 GEL (High: 0.3229 / Low: 0.3040). On the other end, October was the most stable month, with a tight range of 0.0037 GEL (High: 0.3139 / Low: 0.3102).

May Spread (Volatile) ±0.0189

October Spread (Stable) ±0.0037

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 0.0095 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.3221) against the same month in 2023 (average: 0.2985), the exchange rate shifted by +0.0236 (+7.92%).

2024 Avg (June) 0.3221

2023 Avg (June) 0.2985

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3083	0.3032	0.3058
February	0.3051	0.3011	0.3031
March	0.3103	0.3028	0.3059
April	0.3081	0.3040	0.3059
May	0.3229	0.3040	0.3099
June	0.3288	0.3168	0.3221
July	0.3200	0.3085	0.3126
August	0.3120	0.3062	0.3084
September	0.3126	0.3061	0.3088
October	0.3139	0.3102	0.3115
November	0.3220	0.3091	0.3124
December	0.3278	0.3196	0.3218