2018 TND to GEL Historical Review

YEARLY HIGH

1.0575 GEL

YEARLY LOW

0.8371 GEL

YEARLY AVERAGE

0.9473 GEL

2018 TND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1.0575. Conversely, the yearly low was recorded on November 12, dropping to 0.8371.

This high-to-low spread represents a total annual volatility of 0.2204 GEL. From a start-to-finish perspective, comparing the January average rate of 1.0460 to the December average rate of 0.9051, the exchange rate registered a net change of -13.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0575 was down 11.82% compared to the 2017 peak of 1.1992, 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 5,287 GEL

2017 Average 5,194 GEL

Yearly Trough Low 4,185 GEL

Transaction Impact: A difference of 1,101.80 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0644

0.8439

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 1.0029, compared to 0.8918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1112 points.

H1 Avg (Jan–Jun) 1.0029

H2 Avg (Jul–Dec) 0.8918

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0767 GEL (High: 0.9138 / Low: 0.8371). On the other end, October was the most stable month, with a tight range of 0.0207 GEL (High: 0.8704 / Low: 0.8497).

November Spread (Volatile) ±0.0767

October Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0306 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.0460) against the same month in 2017 (average: 1.1707), the exchange rate shifted by -0.1247 (-10.65%).

2018 Avg (January) 1.0460

2017 Avg (January) 1.1707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0575	1.0280	1.0460
February	1.0417	1.0097	1.0269
March	1.0330	1.0000	1.0182
April	1.0235	0.9850	1.0043
May	1.0039	0.9624	0.9737
June	0.9623	0.9314	0.9485
July	0.9383	0.9084	0.9283
August	0.9107	0.8811	0.8992
September	0.8979	0.8730	0.8840
October	0.8704	0.8497	0.8622
November	0.9138	0.8371	0.8718
December	0.9112	0.8901	0.9051