2020 TND to GEL Historical Review

YEARLY HIGH

1.2436 GEL

YEARLY LOW

0.9720 GEL

YEARLY AVERAGE

1.1106 GEL

2020 TND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1.2436. Conversely, the yearly low was recorded on February 25, dropping to 0.9720.

This high-to-low spread represents a total annual volatility of 0.2716 GEL. From a start-to-finish perspective, comparing the January average rate of 1.0232 to the December average rate of 1.2195, the exchange rate registered a net change of 19.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2436 was up 18.24% compared to the 2019 peak of 1.0518, 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 6,218 GEL

2019 Average 4,824 GEL

Yearly Trough Low 4,860 GEL

Transaction Impact: A difference of 1,358.04 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2414

0.9782

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 1.0590, compared to 1.1623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1033 points.

H1 Avg (Jan–Jun) 1.0590

H2 Avg (Jul–Dec) 1.1623

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2152 GEL (High: 1.1921 / Low: 0.9769). On the other end, January was the most stable month, with a tight range of 0.0139 GEL (High: 1.0306 / Low: 1.0168).

March Spread (Volatile) ±0.2152

January Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0335 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.2079) against the same month in 2019 (average: 1.0426), the exchange rate shifted by +0.1653 (+15.86%).

2020 Avg (November) 1.2079

2019 Avg (November) 1.0426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0306	1.0168	1.0232
February	1.0248	0.9720	1.0001
March	1.1921	0.9769	1.0543
April	1.1474	1.0831	1.0983
May	1.1159	1.0987	1.1057
June	1.1219	1.0415	1.0722
July	1.1261	1.0699	1.0913
August	1.1390	1.1024	1.1298
September	1.2120	1.1224	1.1549
October	1.1859	1.1607	1.1702
November	1.2436	1.1676	1.2079
December	1.2292	1.2121	1.2195