2018 TMT to GEL Historical Review

YEARLY HIGH

2.6800 GEL

YEARLY LOW

2.4190 GEL

YEARLY AVERAGE

2.4853 GEL

2018 TMT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TMT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.6800. Conversely, the yearly low was recorded on April 4, dropping to 2.4190.

This high-to-low spread represents a total annual volatility of 0.2610 GEL. From a start-to-finish perspective, comparing the January average rate of 2.5578 to the December average rate of 2.6625, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.6800 was down 2.69% compared to the 2017 peak of 2.7540, 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 13,400 GEL

2017 Average 12,496 GEL

Yearly Trough Low 12,095 GEL

Transaction Impact: A difference of 1,304.87 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.6849

2.4156

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 2.4684, compared to 2.5022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0337 points.

H1 Avg (Jan–Jun) 2.4684

H2 Avg (Jul–Dec) 2.5022

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2192 GEL (High: 2.6662 / Low: 2.4470). On the other end, July was the most stable month, with a tight range of 0.0060 GEL (High: 2.4503 / Low: 2.4443).

November Spread (Volatile) ±0.2192

July Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0982 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.6625) against the same month in 2017 (average: 2.6242), the exchange rate shifted by +0.0383 (+1.46%).

2018 Avg (December) 2.6625

2017 Avg (December) 2.6242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5917	2.4653	2.5578
February	2.4790	2.4416	2.4596
March	2.4642	2.4339	2.4468
April	2.4668	2.4190	2.4381
May	2.4794	2.4327	2.4540
June	2.4669	2.4444	2.4545
July	2.4503	2.4443	2.4475
August	2.4827	2.4470	2.4678
September	2.4870	2.4470	2.4565
October	2.4578	2.4470	2.4480
November	2.6662	2.4470	2.5307
December	2.6800	2.6482	2.6625