2013 GEL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GEL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GEL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1369.9922. Conversely, the yearly low was recorded on December 31, dropping to 1280.8762.
This high-to-low spread represents a total annual volatility of 89.1160 MGA. From a start-to-finish perspective, comparing the January average rate of 1348.6360 to the December average rate of 1300.4497, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 1369.9922 was down 0.09% compared to the 2012 peak of 1371.1782, 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 MGA 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 1334.7087, compared to 1324.9485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.7601 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was December, with a trading range of 48.9841 MGA (High: 1329.8603 / Low: 1280.8762). On the other end, July was the most stable month, with a tight range of 16.3046 MGA (High: 1339.7664 / Low: 1323.4618).
Growth Streaks & Declines
TrendsBetween August and October, 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 November and December, when the average rate fell by 32.8446 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2013: 1348.6360) against the same month in 2012 (average: 1330.2846), the exchange rate shifted by +18.3514 (+1.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1369.9922 | 1322.8793 | 1348.6360 |
| February | 1343.5767 | 1318.7493 | 1329.4272 |
| March | 1356.8215 | 1328.2492 | 1341.1473 |
| April | 1356.9252 | 1311.4752 | 1332.0882 |
| May | 1354.1987 | 1316.6977 | 1338.2663 |
| June | 1339.4301 | 1304.5872 | 1318.6871 |
| July | 1339.7664 | 1323.4618 | 1330.1303 |
| August | 1326.2403 | 1307.6751 | 1315.8942 |
| September | 1346.5609 | 1320.1738 | 1332.7057 |
| October | 1357.2375 | 1314.2452 | 1337.2170 |
| November | 1349.6808 | 1311.1084 | 1333.2943 |
| December | 1329.8603 | 1280.8762 | 1300.4497 |