2023 GEL to TTD Historical Review

YEARLY HIGH

2.7406 TTD

YEARLY LOW

2.4871 TTD

YEARLY AVERAGE

2.5872 TTD

2023 GEL to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 2.7406. Conversely, the yearly low was recorded on November 5, dropping to 2.4871.

This high-to-low spread represents a total annual volatility of 0.2535 TTD. From a start-to-finish perspective, comparing the January average rate of 2.5476 to the December average rate of 2.5314, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7406 was up 6.63% compared to the 2022 peak of 2.5701, 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 13,703 TTD

2022 Average 11,681 TTD

Yearly Trough Low 12,435 TTD

Transaction Impact: A difference of 1,267.64 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7077

2.4920

JanuMarcMayJulySeptNove

GEL to TTD 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 2.6171, compared to 2.5572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0599 points.

H1 Avg (Jan–Jun) 2.6171

H2 Avg (Jul–Dec) 2.5572

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1352 TTD (High: 2.7406 / Low: 2.6054). On the other end, October was the most stable month, with a tight range of 0.0324 TTD (High: 2.5385 / Low: 2.5061).

May Spread (Volatile) ±0.1352

October Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0717 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 2.6694) against the same month in 2022 (average: 2.2876), the exchange rate shifted by +0.3819 (+16.69%).

2023 Avg (May) 2.6694

2022 Avg (May) 2.2876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5828	2.5131	2.5476
February	2.6059	2.5400	2.5698
March	2.6622	2.5793	2.6283
April	2.7179	2.6524	2.6898
May	2.7406	2.6054	2.6694
June	2.6086	2.5734	2.5977
July	2.6467	2.5819	2.6215
August	2.6160	2.5769	2.5938
September	2.5919	2.5129	2.5629
October	2.5385	2.5061	2.5238
November	2.5292	2.4871	2.5100
December	2.5530	2.5124	2.5314