2024 TND to GEL Historical Review

YEARLY HIGH

0.9193 GEL

YEARLY LOW

0.8396 GEL

YEARLY AVERAGE

0.8736 GEL

2024 TND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.9193. Conversely, the yearly low was recorded on February 19, dropping to 0.8396.

This high-to-low spread represents a total annual volatility of 0.0797 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8622 to the December average rate of 0.8885, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9193 was up 4.72% compared to the 2023 peak of 0.8779, 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 4,596 GEL

2023 Average 4,227 GEL

Yearly Trough Low 4,198 GEL

Transaction Impact: A difference of 398.55 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9074

0.8425

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 0.8656, compared to 0.8816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.8656

H2 Avg (Jul–Dec) 0.8816

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0559 GEL (High: 0.9043 / Low: 0.8484). On the other end, February was the most stable month, with a tight range of 0.0158 GEL (High: 0.8554 / Low: 0.8396).

May Spread (Volatile) ±0.0559

February Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0237 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.9020) against the same month in 2023 (average: 0.8441), the exchange rate shifted by +0.0579 (+6.86%).

2024 Avg (June) 0.9020

2023 Avg (June) 0.8441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8762	0.8519	0.8622
February	0.8554	0.8396	0.8479
March	0.8750	0.8480	0.8604
April	0.8625	0.8410	0.8530
May	0.9043	0.8484	0.8678
June	0.9193	0.8859	0.9020
July	0.8948	0.8701	0.8784
August	0.8887	0.8690	0.8783
September	0.9028	0.8811	0.8890
October	0.8950	0.8745	0.8840
November	0.8961	0.8608	0.8715
December	0.9107	0.8764	0.8885