2013 GEL to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GEL to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GEL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 5.2838. Conversely, the yearly low was recorded on December 30, dropping to 4.6673.
This high-to-low spread represents a total annual volatility of 0.6165 MAD. From a start-to-finish perspective, comparing the January average rate of 5.0652 to the December average rate of 4.7355, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 5.2838 was down 3.43% compared to the 2012 peak of 5.4715, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
GEL to MAD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.1285, compared to 4.9754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1531 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was December, with a trading range of 0.2050 MAD (High: 4.8723 / Low: 4.6673). On the other end, August was the most stable month, with a tight range of 0.0712 MAD (High: 5.1012 / Low: 5.0300).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2084 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2013: 5.2179) against the same month in 2012 (average: 5.3284), the exchange rate shifted by -0.1105 (-2.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.1355 | 4.9874 | 5.0652 |
| February | 5.1431 | 4.9586 | 5.0499 |
| March | 5.2199 | 5.1254 | 5.1664 |
| April | 5.2230 | 5.1191 | 5.1635 |
| May | 5.2838 | 5.1242 | 5.2179 |
| June | 5.2012 | 5.0427 | 5.1080 |
| July | 5.2220 | 5.0809 | 5.1405 |
| August | 5.1012 | 5.0300 | 5.0509 |
| September | 5.1089 | 4.9797 | 5.0389 |
| October | 4.9855 | 4.8840 | 4.9426 |
| November | 4.9822 | 4.8747 | 4.9439 |
| December | 4.8723 | 4.6673 | 4.7355 |