YEARLY HIGH
0.4238 GEL
YEARLY LOW
0.3883 GEL
YEARLY AVERAGE
0.4005 GEL

2024 TTD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TTD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.4238. Conversely, the yearly low was recorded on February 18, dropping to 0.3883.

This high-to-low spread represents a total annual volatility of 0.0355 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3943 to the December average rate of 0.4148, the exchange rate registered a net change of 5.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4238 was up 5.41% compared to the 2023 peak of 0.4021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TTD based on timing:

Yearly Peak High 2,119 GEL
2023 Average 1,934 GEL
Yearly Trough Low 1,942 GEL
Transaction Impact: A difference of 177.49 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4178
0.3883
JanuMarcMayJulySeptNove

TTD 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 0.3981, compared to 0.4030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.3981
H2 Avg (Jul–Dec) 0.4030

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0238 GEL (High: 0.4163 / Low: 0.3925). On the other end, April was the most stable month, with a tight range of 0.0049 GEL (High: 0.3969 / Low: 0.3919).

May Spread (Volatile) ±0.0238
April Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0120 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4148) against the same month in 2023 (average: 0.3950), the exchange rate shifted by +0.0197 (+4.99%).

2024 Avg (December) 0.4148
2023 Avg (December) 0.3950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3987 0.3906 0.3943
February 0.3940 0.3883 0.3907
March 0.3999 0.3902 0.3941
April 0.3969 0.3919 0.3944
May 0.4163 0.3925 0.3995
June 0.4233 0.4081 0.4153
July 0.4135 0.3977 0.4033
August 0.4031 0.3941 0.3975
September 0.4024 0.3941 0.3980
October 0.4050 0.3995 0.4016
November 0.4159 0.3980 0.4028
December 0.4238 0.4115 0.4148