YEARLY HIGH
1553.2241 MGA
YEARLY LOW
1273.6300 MGA
YEARLY AVERAGE
1404.1852 MGA

2014 GEL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 1553.2241. Conversely, the yearly low was recorded on January 26, dropping to 1273.6300.

This high-to-low spread represents a total annual volatility of 279.5942 MGA. From a start-to-finish perspective, comparing the January average rate of 1285.7958 to the December average rate of 1458.8683, the exchange rate registered a net change of 13.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1553.2241 was up 13.37% compared to the 2013 peak of 1369.9922, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,766,121 MGA
2013 Average 6,649,194 MGA
Yearly Trough Low 6,368,150 MGA
Transaction Impact: A difference of 1,397,970.80 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1560.1637
1260.8532
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1333.5913, compared to 1474.7791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 141.1878 points.

H1 Avg (Jan–Jun) 1333.5913
H2 Avg (Jul–Dec) 1474.7791

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 90.0857 MGA (High: 1498.8209 / Low: 1408.7352). On the other end, April was the most stable month, with a tight range of 21.4155 MGA (High: 1350.3430 / Low: 1328.9275).

December Spread (Volatile) ±90.0857
April Spread (Stable) ±21.4155

Growth Streaks & Declines

Trends

Between April and October, 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 November and December, when the average rate fell by 69.3523 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -69.3523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1535.2212) against the same month in 2013 (average: 1337.2170), the exchange rate shifted by +198.0041 (+14.81%).

2014 Avg (October) 1535.2212
2013 Avg (October) 1337.2170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1295.3173 1273.6300 1285.7958
February 1337.3113 1295.6209 1325.4885
March 1351.8618 1329.0391 1340.9082
April 1350.3430 1328.9275 1340.8820
May 1361.3904 1336.3309 1347.7992
June 1377.5196 1334.2923 1360.6742
July 1425.9050 1373.8754 1395.8504
August 1467.3225 1417.4573 1446.7191
September 1512.8764 1449.4432 1483.7948
October 1553.2241 1511.6543 1535.2212
November 1550.8529 1482.8181 1528.2206
December 1498.8209 1408.7352 1458.8683