YEARLY HIGH
18.0527 MUR
YEARLY LOW
16.9708 MUR
YEARLY AVERAGE
17.4394 MUR

2014 GEL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 18.0527. Conversely, the yearly low was recorded on April 29, dropping to 16.9708.

This high-to-low spread represents a total annual volatility of 1.0819 MUR. From a start-to-finish perspective, comparing the January average rate of 17.1826 to the December average rate of 17.7356, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 18.0527 was down 5.79% compared to the 2013 peak of 19.1627, 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 90,263 MUR
2013 Average 92,509 MUR
Yearly Trough Low 84,854 MUR
Transaction Impact: A difference of 5,409.56 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

17.9761
17.0569
JanuMarcMayJulySeptNove

GEL to MUR 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 17.1830, compared to 17.6957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5128 points.

H1 Avg (Jan–Jun) 17.1830
H2 Avg (Jul–Dec) 17.6957

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.6326 MUR (High: 17.9624 / Low: 17.3298). On the other end, June was the most stable month, with a tight range of 0.1056 MUR (High: 17.2174 / Low: 17.1118).

December Spread (Volatile) ±0.6326
June Spread (Stable) ±0.1056

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0828 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 17.8184) against the same month in 2013 (average: 18.1734), the exchange rate shifted by -0.3550 (-1.95%).

2014 Avg (November) 17.8184
2013 Avg (November) 18.1734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.3480 17.0268 17.1826
February 17.4008 17.0309 17.2512
March 17.2943 17.1258 17.2171
April 17.2044 16.9708 17.1521
May 17.2759 17.0149 17.1335
June 17.2174 17.1118 17.1613
July 17.4789 17.1248 17.2543
August 17.7546 17.4515 17.6157
September 18.0521 17.7297 17.8510
October 17.9932 17.8299 17.8995
November 18.0527 17.4257 17.8184
December 17.9624 17.3298 17.7356