2024 TMT to GEL Historical Review

YEARLY HIGH

2.8700 GEL

YEARLY LOW

2.6350 GEL

YEARLY AVERAGE

2.7180 GEL

2024 TMT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TMT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 2.8700. Conversely, the yearly low was recorded on February 19, dropping to 2.6350.

This high-to-low spread represents a total annual volatility of 0.2350 GEL. From a start-to-finish perspective, comparing the January average rate of 2.6755 to the December average rate of 2.8145, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8700 was up 5.71% compared to the 2023 peak of 2.7150, 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 14,350 GEL

2023 Average 13,119 GEL

Yearly Trough Low 13,175 GEL

Transaction Impact: A difference of 1,175.00 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8353

2.6359

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 2.7012, compared to 2.7348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0336 points.

H1 Avg (Jan–Jun) 2.7012

H2 Avg (Jul–Dec) 2.7348

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1650 GEL (High: 2.8250 / Low: 2.6600). On the other end, August was the most stable month, with a tight range of 0.0300 GEL (High: 2.7100 / Low: 2.6800).

May Spread (Volatile) ±0.1650

August Spread (Stable) ±0.0300

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0840 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0840

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2.8186) against the same month in 2023 (average: 2.6113), the exchange rate shifted by +0.2073 (+7.94%).

2024 Avg (June) 2.8186

2023 Avg (June) 2.6113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6900	2.6550	2.6755
February	2.6650	2.6350	2.6525
March	2.7150	2.6500	2.6747
April	2.6950	2.6600	2.6754
May	2.8250	2.6600	2.7106
June	2.8700	2.7717	2.8186
July	2.8000	2.7000	2.7347
August	2.7100	2.6800	2.6958
September	2.7350	2.6825	2.7025
October	2.7450	2.7150	2.7273
November	2.8125	2.7150	2.7341
December	2.8700	2.8000	2.8145