2024 WST to GEL Historical Review

YEARLY HIGH

1.0250 GEL

YEARLY LOW

0.9411 GEL

YEARLY AVERAGE

0.9707 GEL

2024 WST to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 1.0250. Conversely, the yearly low was recorded on February 19, dropping to 0.9411.

This high-to-low spread represents a total annual volatility of 0.0839 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9555 to the December average rate of 1.0052, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0250 was up 2.41% compared to the 2023 peak of 1.0009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,125 GEL

2023 Average 4,802 GEL

Yearly Trough Low 4,705 GEL

Transaction Impact: A difference of 419.64 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0126

0.9414

JanuMarcMayJulySeptNove

WST 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 0.9647, compared to 0.9767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.9647

H2 Avg (Jul–Dec) 0.9767

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0589 GEL (High: 1.0089 / Low: 0.9500). On the other end, August was the most stable month, with a tight range of 0.0107 GEL (High: 0.9679 / Low: 0.9571).

May Spread (Volatile) ±0.0589

August Spread (Stable) ±0.0107

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 0.0300 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1.0067) against the same month in 2023 (average: 0.9581), the exchange rate shifted by +0.0485 (+5.07%).

2024 Avg (June) 1.0067

2023 Avg (June) 0.9581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9607	0.9482	0.9555
February	0.9518	0.9411	0.9473
March	0.9696	0.9464	0.9552
April	0.9625	0.9500	0.9555
May	1.0089	0.9500	0.9681
June	1.0250	0.9899	1.0067
July	1.0000	0.9643	0.9767
August	0.9679	0.9571	0.9628
September	0.9768	0.9580	0.9652
October	0.9804	0.9696	0.9740
November	1.0045	0.9696	0.9765
December	1.0250	1.0000	1.0052