2024 GEL to TTD Historical Review

YEARLY HIGH

2.5751 TTD

YEARLY LOW

2.3594 TTD

YEARLY AVERAGE

2.4977 TTD

2024 GEL to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 2.5751. Conversely, the yearly low was recorded on December 3, dropping to 2.3594.

This high-to-low spread represents a total annual volatility of 0.2157 TTD. From a start-to-finish perspective, comparing the January average rate of 2.5361 to the December average rate of 2.4110, the exchange rate registered a net change of -4.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5751 was down 6.04% compared to the 2023 peak of 2.7406, 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 12,876 TTD

2023 Average 12,936 TTD

Yearly Trough Low 11,797 TTD

Transaction Impact: A difference of 1,078.40 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5746

2.3931

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 2.5134, compared to 2.4820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0314 points.

H1 Avg (Jan–Jun) 2.5134

H2 Avg (Jul–Dec) 2.4820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1454 TTD (High: 2.5477 / Low: 2.4023). On the other end, April was the most stable month, with a tight range of 0.0318 TTD (High: 2.5514 / Low: 2.5196).

May Spread (Volatile) ±0.1454

April Spread (Stable) ±0.0318

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0955 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.5594) against the same month in 2023 (average: 2.5698), the exchange rate shifted by -0.0104 (-0.40%).

2024 Avg (February) 2.5594

2023 Avg (February) 2.5698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5600	2.5083	2.5361
February	2.5751	2.5382	2.5594
March	2.5628	2.5004	2.5376
April	2.5514	2.5196	2.5353
May	2.5477	2.4023	2.5037
June	2.4501	2.3622	2.4082
July	2.5144	2.4182	2.4800
August	2.5376	2.4808	2.5155
September	2.5374	2.4850	2.5125
October	2.5030	2.4691	2.4900
November	2.5123	2.4046	2.4828
December	2.4299	2.3594	2.4110