2023 XAF to GEL Historical Review

YEARLY HIGH

0.0046 GEL

YEARLY LOW

0.0041 GEL

YEARLY AVERAGE

0.0043 GEL

2023 XAF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0046. Conversely, the yearly low was recorded on March 8, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0004 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0045, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0046 was down 20.41% compared to the 2022 peak of 0.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 GEL

2022 Average 23 GEL

Yearly Trough Low 21 GEL

Transaction Impact: A difference of 2.03 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0045

0.0042

JanuMarcMayJulySeptNove

XAF 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 0.0043, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0043

H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0002 GEL (High: 0.0046 / Low: 0.0044). On the other end, August was the most stable month, with a tight range of 0.0001 GEL (High: 0.0044 / Low: 0.0043).

December Spread (Volatile) ±0.0002

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0045) against the same month in 2022 (average: 0.0043), the exchange rate shifted by +0.0002 (+3.49%).

2023 Avg (December) 0.0045

2022 Avg (December) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0044	0.0043	0.0044
February	0.0044	0.0042	0.0043
March	0.0043	0.0041	0.0042
April	0.0043	0.0042	0.0042
May	0.0043	0.0042	0.0042
June	0.0044	0.0043	0.0043
July	0.0044	0.0043	0.0044
August	0.0044	0.0043	0.0044
September	0.0044	0.0043	0.0043
October	0.0044	0.0043	0.0043
November	0.0045	0.0044	0.0045
December	0.0046	0.0044	0.0045