2016 GEL to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GEL to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GEL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 16.6951. Conversely, the yearly low was recorded on December 21, dropping to 12.8542.
This high-to-low spread represents a total annual volatility of 3.8408 MUR. From a start-to-finish perspective, comparing the January average rate of 14.8048 to the December average rate of 13.5538, the exchange rate registered a net change of -8.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 16.6951 was down 19.38% compared to the 2015 peak of 20.7076, 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 2016.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.3459, compared to 14.7853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5606 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1.6357 MUR (High: 16.6951 / Low: 15.0593). On the other end, October was the most stable month, with a tight range of 0.1858 MUR (High: 15.1921 / Low: 15.0063).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.0621 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 16.1898) against the same month in 2015 (average: 15.5607), the exchange rate shifted by +0.6291 (+4.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.9942 | 14.5053 | 14.8048 |
| February | 14.6290 | 14.2398 | 14.3989 |
| March | 15.4668 | 14.5165 | 14.9920 |
| April | 15.7486 | 15.2857 | 15.5603 |
| May | 16.5468 | 15.7413 | 16.1294 |
| June | 16.6951 | 15.0593 | 16.1898 |
| July | 15.3004 | 15.0345 | 15.1277 |
| August | 15.4159 | 14.8860 | 15.1575 |
| September | 15.4287 | 15.1077 | 15.2795 |
| October | 15.1921 | 15.0063 | 15.1156 |
| November | 15.0316 | 14.1401 | 14.4776 |
| December | 14.0490 | 12.8542 | 13.5538 |