YEARLY HIGH
0.0229 GEL
YEARLY LOW
0.0208 GEL
YEARLY AVERAGE
0.0221 GEL

2023 VUV to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0229. Conversely, the yearly low was recorded on May 3, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0020 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0226, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0229 was down 24.33% compared to the 2022 peak of 0.0302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 GEL
2022 Average 125 GEL
Yearly Trough Low 104 GEL
Transaction Impact: A difference of 10.14 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0229
0.0210
JanuMarcMayJulySeptNove

VUV 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 0.0219, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0219
H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0011 GEL (High: 0.0219 / Low: 0.0208). On the other end, June was the most stable month, with a tight range of 0.0003 GEL (High: 0.0221 / Low: 0.0219).

May Spread (Volatile) ±0.0011
June Spread (Stable) ±0.0003

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 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0226) against the same month in 2022 (average: 0.0272), the exchange rate shifted by -0.0046 (-16.93%).

2023 Avg (January) 0.0226
2022 Avg (January) 0.0272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0229 0.0223 0.0226
February 0.0226 0.0223 0.0224
March 0.0223 0.0214 0.0218
April 0.0215 0.0209 0.0212
May 0.0219 0.0208 0.0214
June 0.0221 0.0219 0.0219
July 0.0219 0.0216 0.0217
August 0.0222 0.0219 0.0220
September 0.0227 0.0220 0.0223
October 0.0228 0.0225 0.0226
November 0.0229 0.0226 0.0228
December 0.0227 0.0224 0.0226