2019 TMT to GEL Historical Review

YEARLY HIGH

2.9900 GEL

YEARLY LOW

2.6350 GEL

YEARLY AVERAGE

2.8158 GEL

2019 TMT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TMT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 2.9900. Conversely, the yearly low was recorded on February 18, dropping to 2.6350.

This high-to-low spread represents a total annual volatility of 0.3550 GEL. From a start-to-finish perspective, comparing the January average rate of 2.6630 to the December average rate of 2.8916, the exchange rate registered a net change of 8.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.9900 was up 11.57% compared to the 2018 peak of 2.6800, 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 14,950 GEL

2018 Average 12,428 GEL

Yearly Trough Low 13,175 GEL

Transaction Impact: A difference of 1,775.00 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.9987

2.6210

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 2.7023, compared to 2.9294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2271 points.

H1 Avg (Jan–Jun) 2.7023

H2 Avg (Jul–Dec) 2.9294

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1750 GEL (High: 2.9700 / Low: 2.7950). On the other end, April was the most stable month, with a tight range of 0.0200 GEL (High: 2.7050 / Low: 2.6850).

July Spread (Volatile) ±0.1750

April Spread (Stable) ±0.0200

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0756 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.9673) against the same month in 2018 (average: 2.5307), the exchange rate shifted by +0.4365 (+17.25%).

2019 Avg (November) 2.9673

2018 Avg (November) 2.5307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6800	2.6550	2.6630
February	2.6900	2.6350	2.6525
March	2.6950	2.6600	2.6818
April	2.7050	2.6850	2.6948
May	2.8050	2.7050	2.7510
June	2.8600	2.7200	2.7705
July	2.9700	2.7950	2.8661
August	2.9500	2.9050	2.9283
September	2.9800	2.9400	2.9602
October	2.9850	2.9450	2.9630
November	2.9900	2.9526	2.9673
December	2.9700	2.8550	2.8916