2022 GEL to TND Historical Review

YEARLY HIGH

1.2123 TND

YEARLY LOW

0.8588 TND

YEARLY AVERAGE

1.0621 TND

2022 GEL to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 1.2123. Conversely, the yearly low was recorded on March 8, dropping to 0.8588.

This high-to-low spread represents a total annual volatility of 0.3535 TND. From a start-to-finish perspective, comparing the January average rate of 0.9376 to the December average rate of 1.1851, the exchange rate registered a net change of 26.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.2123 was up 29.56% compared to the 2021 peak of 0.9357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,061 TND

2021 Average 4,326 TND

Yearly Trough Low 4,294 TND

Transaction Impact: A difference of 1,767.55 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.2123

0.8867

JanuMarcMayJulySeptNove

GEL to TND 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 0.9777, compared to 1.1465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1688 points.

H1 Avg (Jan–Jun) 0.9777

H2 Avg (Jul–Dec) 1.1465

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1446 TND (High: 1.1711 / Low: 1.0265). On the other end, January was the most stable month, with a tight range of 0.0274 TND (High: 0.9544 / Low: 0.9270).

September Spread (Volatile) ±0.1446

January Spread (Stable) ±0.0274

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0463 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 1.1826) against the same month in 2021 (average: 0.9105), the exchange rate shifted by +0.2721 (+29.89%).

2022 Avg (November) 1.1826

2021 Avg (November) 0.9105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9544	0.9270	0.9376
February	0.9848	0.9114	0.9602
March	0.9490	0.8588	0.9139
April	1.0054	0.9489	0.9806
May	1.0710	1.0033	1.0310
June	1.0659	1.0105	1.0428
July	1.1450	1.0437	1.0633
August	1.1638	1.1028	1.1415
September	1.1711	1.0265	1.1349
October	1.1860	1.1502	1.1714
November	1.2123	1.1634	1.1826
December	1.2060	1.1570	1.1851