YEARLY HIGH
0.0108 GEL
YEARLY LOW
0.0099 GEL
YEARLY AVERAGE
0.0105 GEL

2023 YER to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.0108. Conversely, the yearly low was recorded on May 3, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0009 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0107, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0108 was down 21.19% compared to the 2022 peak of 0.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54 GEL
2022 Average 58 GEL
Yearly Trough Low 50 GEL
Transaction Impact: A difference of 4.69 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0109
0.0100
JanuMarcMayJulySeptNove

YER 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 0.0104, compared to 0.0106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0104
H2 Avg (Jul–Dec) 0.0106

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0005 GEL (High: 0.0104 / Low: 0.0099). On the other end, June was the most stable month, with a tight range of 0.0001 GEL (High: 0.0105 / Low: 0.0104).

May Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0001

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 February and March, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0108) against the same month in 2022 (average: 0.0109), the exchange rate shifted by -0.0001 (-0.73%).

2023 Avg (November) 0.0108
2022 Avg (November) 0.0109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0108 0.0105 0.0106
February 0.0107 0.0105 0.0106
March 0.0105 0.0102 0.0103
April 0.0102 0.0099 0.0101
May 0.0104 0.0099 0.0102
June 0.0105 0.0104 0.0104
July 0.0104 0.0102 0.0103
August 0.0105 0.0104 0.0105
September 0.0107 0.0104 0.0106
October 0.0108 0.0107 0.0107
November 0.0108 0.0107 0.0108
December 0.0108 0.0106 0.0107