2017 TMT to GEL Historical Review

YEARLY HIGH

2.7540 GEL

YEARLY LOW

2.3802 GEL

YEARLY AVERAGE

2.5000 GEL

2017 TMT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TMT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.7540. Conversely, the yearly low was recorded on April 17, dropping to 2.3802.

This high-to-low spread represents a total annual volatility of 0.3737 GEL. From a start-to-finish perspective, comparing the January average rate of 2.6974 to the December average rate of 2.6242, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.7540 was down 1.63% compared to the 2016 peak of 2.7997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,770 GEL

2016 Average 11,821 GEL

Yearly Trough Low 11,901 GEL

Transaction Impact: A difference of 1,868.70 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.7274

2.3674

JanuMarcMayJulySeptNove

TMT 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 2.5076, compared to 2.4924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 2.5076

H2 Avg (Jul–Dec) 2.4924

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2342 GEL (High: 2.7170 / Low: 2.4828). On the other end, July was the most stable month, with a tight range of 0.0155 GEL (High: 2.4074 / Low: 2.3919).

November Spread (Volatile) ±0.2342

July Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between July and December, 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 0.1679 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.6974) against the same month in 2016 (average: 2.4362), the exchange rate shifted by +0.2612 (+10.72%).

2017 Avg (January) 2.6974

2016 Avg (January) 2.4362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7540	2.6499	2.6974
February	2.6968	2.5556	2.6339
March	2.4936	2.4332	2.4660
April	2.4710	2.3802	2.4129
May	2.4401	2.4036	2.4247
June	2.4249	2.4027	2.4108
July	2.4074	2.3919	2.3974
August	2.4291	2.3860	2.3976
September	2.4807	2.4363	2.4658
October	2.5453	2.4693	2.4881
November	2.7170	2.4828	2.5814
December	2.7104	2.5297	2.6242