2019 TND to GEL Historical Review

YEARLY HIGH

1.0518 GEL

YEARLY LOW

0.8615 GEL

YEARLY AVERAGE

0.9642 GEL

2019 TND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 1.0518. Conversely, the yearly low was recorded on February 17, dropping to 0.8615.

This high-to-low spread represents a total annual volatility of 0.1903 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8987 to the December average rate of 1.0190, the exchange rate registered a net change of 13.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0518 was down 0.54% compared to the 2018 peak of 1.0575, 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 5,259 GEL

2018 Average 4,735 GEL

Yearly Trough Low 4,307 GEL

Transaction Impact: A difference of 951.65 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.0594

0.8643

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 0.9026, compared to 1.0259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1234 points.

H1 Avg (Jan–Jun) 0.9026

H2 Avg (Jul–Dec) 1.0259

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0871 GEL (High: 0.9988 / Low: 0.9118). On the other end, April was the most stable month, with a tight range of 0.0127 GEL (High: 0.8989 / Low: 0.8862).

June Spread (Volatile) ±0.0871

April Spread (Stable) ±0.0127

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0236 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 1.0431) against the same month in 2018 (average: 0.8622), the exchange rate shifted by +0.1809 (+20.98%).

2019 Avg (October) 1.0431

2018 Avg (October) 0.8622

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9081	0.8820	0.8987
February	0.8958	0.8615	0.8806
March	0.8917	0.8722	0.8851
April	0.8989	0.8862	0.8929
May	0.9332	0.8941	0.9157
June	0.9988	0.9118	0.9424
July	1.0300	0.9683	0.9957
August	1.0303	1.0144	1.0218
September	1.0408	1.0211	1.0333
October	1.0518	1.0363	1.0431
November	1.0489	1.0352	1.0426
December	1.0452	1.0012	1.0190