2024 GEL to ANG Historical Review

YEARLY HIGH

0.6840 ANG

YEARLY LOW

0.6265 ANG

YEARLY AVERAGE

0.6633 ANG

2024 GEL to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.6840. Conversely, the yearly low was recorded on June 15, dropping to 0.6265.

This high-to-low spread represents a total annual volatility of 0.0576 ANG. From a start-to-finish perspective, comparing the January average rate of 0.6735 to the December average rate of 0.6402, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6840 was down 5.98% compared to the 2023 peak of 0.7275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,420 ANG

2023 Average 3,435 ANG

Yearly Trough Low 3,132 ANG

Transaction Impact: A difference of 287.78 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6838

0.6355

JanuMarcMayJulySeptNove

GEL to ANG 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 0.6674, compared to 0.6591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.6674

H2 Avg (Jul–Dec) 0.6591

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0397 ANG (High: 0.6776 / Low: 0.6379). On the other end, October was the most stable month, with a tight range of 0.0078 ANG (High: 0.6640 / Low: 0.6562).

May Spread (Volatile) ±0.0397

October Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0254 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.6797) against the same month in 2023 (average: 0.6821), the exchange rate shifted by -0.0023 (-0.34%).

2024 Avg (February) 0.6797

2023 Avg (February) 0.6821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6792	0.6681	0.6735
February	0.6840	0.6751	0.6797
March	0.6803	0.6639	0.6735
April	0.6774	0.6684	0.6734
May	0.6776	0.6379	0.6648
June	0.6501	0.6265	0.6395
July	0.6676	0.6436	0.6589
August	0.6726	0.6603	0.6680
September	0.6728	0.6588	0.6670
October	0.6640	0.6562	0.6613
November	0.6663	0.6396	0.6593
December	0.6444	0.6284	0.6402

2024 GEL నుండి ANG చారిత్రక సమీక్ష