2012 TND to GEL Historical Review

YEARLY HIGH

1.1163 GEL

YEARLY LOW

1.0066 GEL

YEARLY AVERAGE

1.0697 GEL

2012 TND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 1.1163. Conversely, the yearly low was recorded on June 5, dropping to 1.0066.

This high-to-low spread represents a total annual volatility of 0.1097 GEL. From a start-to-finish perspective, comparing the January average rate of 1.1037 to the December average rate of 1.0631, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1163 was down 13.13% compared to the 2011 peak of 1.2851, 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 5,582 GEL

2011 Average 5,993 GEL

Yearly Trough Low 5,033 GEL

Transaction Impact: A difference of 548.55 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1131

1.0123

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 1.0711, compared to 1.0683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 1.0711

H2 Avg (Jul–Dec) 1.0683

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0539 GEL (High: 1.1090 / Low: 1.0551). On the other end, November was the most stable month, with a tight range of 0.0142 GEL (High: 1.0578 / Low: 1.0436).

October Spread (Volatile) ±0.0539

November Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0407 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 1.1047) against the same month in 2011 (average: 1.2516), the exchange rate shifted by -0.1470 (-11.74%).

2012 Avg (February) 1.1047

2011 Avg (February) 1.2516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1158	1.0930	1.1037
February	1.1163	1.0779	1.1047
March	1.1086	1.0833	1.0930
April	1.0971	1.0570	1.0726
May	1.0589	1.0075	1.0319
June	1.0396	1.0066	1.0207
July	1.0713	1.0418	1.0592
August	1.0836	1.0618	1.0712
September	1.1106	1.0811	1.0972
October	1.1090	1.0551	1.0696
November	1.0578	1.0436	1.0493
December	1.0707	1.0532	1.0631