YEARLY HIGH
1.2639 GEL
YEARLY LOW
1.0688 GEL
YEARLY AVERAGE
1.1594 GEL

2021 TND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.2639. Conversely, the yearly low was recorded on December 26, dropping to 1.0688.

This high-to-low spread represents a total annual volatility of 0.1952 GEL. From a start-to-finish perspective, comparing the January average rate of 1.2242 to the December average rate of 1.0765, the exchange rate registered a net change of -12.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2639 was up 1.63% compared to the 2020 peak of 1.2436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,320 GEL
2020 Average 5,555 GEL
Yearly Trough Low 5,344 GEL
Transaction Impact: A difference of 975.86 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2600
1.0598
JanuMarcMayJulySeptNove

TND 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 1.2139, compared to 1.1049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1090 points.

H1 Avg (Jan–Jun) 1.2139
H2 Avg (Jul–Dec) 1.1049

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0678 GEL (High: 1.2639 / Low: 1.1961). On the other end, September was the most stable month, with a tight range of 0.0123 GEL (High: 1.1179 / Low: 1.1056).

May Spread (Volatile) ±0.0678
September Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0881 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.2433) against the same month in 2020 (average: 1.0983), the exchange rate shifted by +0.1450 (+13.21%).

2021 Avg (April) 1.2433
2020 Avg (April) 1.0983

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2348 1.2157 1.2242
February 1.2292 1.2110 1.2216
March 1.2211 1.2055 1.2116
April 1.2639 1.2226 1.2433
May 1.2639 1.1961 1.2354
June 1.1987 1.1344 1.1473
July 1.1393 1.1018 1.1207
August 1.1185 1.1018 1.1122
September 1.1179 1.1056 1.1122
October 1.1200 1.0980 1.1092
November 1.1253 1.0733 1.0986
December 1.0868 1.0688 1.0765