2015 GEL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 GEL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the GEL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 1703.6250. Conversely, the yearly low was recorded on October 26, dropping to 1260.6150.
This high-to-low spread represents a total annual volatility of 443.0100 MGA. From a start-to-finish perspective, comparing the January average rate of 1509.0023 to the December average rate of 1340.0902, the exchange rate registered a net change of -11.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 1703.6250 was up 9.68% compared to the 2014 peak of 1553.2241, 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 2015.
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 1462.4094, compared to 1370.6888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 91.7206 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was March, with a trading range of 361.0248 MGA (High: 1703.6250 / Low: 1342.6002). On the other end, November was the most stable month, with a tight range of 15.8171 MGA (High: 1374.7009 / Low: 1358.8838).
Growth Streaks & Declines
TrendsBetween May and July, 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 March and April, when the average rate fell by 197.0381 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2015: 1557.0425) against the same month in 2014 (average: 1340.9082), the exchange rate shifted by +216.1343 (+16.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1592.3233 | 1460.5966 | 1509.0023 |
| February | 1625.1052 | 1568.9568 | 1599.6496 |
| March | 1703.6250 | 1342.6002 | 1557.0425 |
| April | 1379.7383 | 1324.9527 | 1360.0044 |
| May | 1395.8130 | 1276.2651 | 1340.1294 |
| June | 1438.6353 | 1334.1021 | 1408.6281 |
| July | 1488.1811 | 1414.2281 | 1455.5847 |
| August | 1500.2446 | 1369.9667 | 1426.2930 |
| September | 1394.3423 | 1261.9946 | 1323.0586 |
| October | 1367.9907 | 1260.6150 | 1313.2224 |
| November | 1374.7009 | 1358.8838 | 1365.8836 |
| December | 1364.0405 | 1327.3606 | 1340.0902 |