2024 XCD to GEL Historical Review

YEARLY HIGH

1.0620 GEL

YEARLY LOW

0.9750 GEL

YEARLY AVERAGE

1.0057 GEL

2024 XCD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 1.0620. Conversely, the yearly low was recorded on February 19, dropping to 0.9750.

This high-to-low spread represents a total annual volatility of 0.0870 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9900 to the December average rate of 1.0414, 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 1.0620 was up 5.71% compared to the 2023 peak of 1.0046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,310 GEL

2023 Average 4,854 GEL

Yearly Trough Low 4,875 GEL

Transaction Impact: A difference of 434.77 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0491

0.9753

JanuMarcMayJulySeptNove

XCD 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 0.9995, compared to 1.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0124 points.

H1 Avg (Jan–Jun) 0.9995

H2 Avg (Jul–Dec) 1.0119

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0611 GEL (High: 1.0453 / Low: 0.9843). On the other end, October was the most stable month, with a tight range of 0.0111 GEL (High: 1.0157 / Low: 1.0046).

May Spread (Volatile) ±0.0611

October Spread (Stable) ±0.0111

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 0.0311 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1.0430) against the same month in 2023 (average: 0.9662), the exchange rate shifted by +0.0767 (+7.94%).

2024 Avg (June) 1.0430

2023 Avg (June) 0.9662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9954	0.9824	0.9900
February	0.9861	0.9750	0.9815
March	1.0046	0.9806	0.9897
April	0.9972	0.9843	0.9900
May	1.0453	0.9843	1.0030
June	1.0620	1.0256	1.0430
July	1.0361	0.9991	1.0119
August	1.0028	0.9917	0.9975
September	1.0120	0.9926	1.0000
October	1.0157	1.0046	1.0092
November	1.0407	1.0046	1.0117
December	1.0620	1.0360	1.0414