2017 TND to GEL Historical Review

YEARLY HIGH

1.1992 GEL

YEARLY LOW

0.9553 GEL

YEARLY AVERAGE

1.0395 GEL

2017 TND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1.1992. Conversely, the yearly low was recorded on April 22, dropping to 0.9553.

This high-to-low spread represents a total annual volatility of 0.2439 GEL. From a start-to-finish perspective, comparing the January average rate of 1.1707 to the December average rate of 1.0546, the exchange rate registered a net change of -9.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1992 was down 3.78% compared to the 2016 peak of 1.2463, 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 5,996 GEL

2016 Average 5,516 GEL

Yearly Trough Low 4,777 GEL

Transaction Impact: A difference of 1,219.50 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1897

0.9628

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 1.0678, compared to 1.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0567 points.

H1 Avg (Jan–Jun) 1.0678

H2 Avg (Jul–Dec) 1.0111

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1108 GEL (High: 1.0985 / Low: 0.9876). On the other end, September was the most stable month, with a tight range of 0.0219 GEL (High: 1.0196 / Low: 0.9977).

November Spread (Volatile) ±0.1108

September Spread (Stable) ±0.0219

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0729 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0729

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.1707) against the same month in 2016 (average: 1.1926), the exchange rate shifted by -0.0218 (-1.83%).

2017 Avg (January) 1.1707

2016 Avg (January) 1.1926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1992	1.1263	1.1707
February	1.1788	1.1064	1.1515
March	1.0965	1.0628	1.0786
April	1.0644	0.9553	1.0244
May	1.0196	0.9758	0.9985
June	0.9986	0.9678	0.9833
July	1.0077	0.9639	0.9817
August	0.9996	0.9722	0.9886
September	1.0196	0.9977	1.0067
October	1.0157	0.9923	1.0013
November	1.0985	0.9876	1.0338
December	1.0925	1.0075	1.0546