YEARLY HIGH
14.8674 MUR
YEARLY LOW
12.3310 MUR
YEARLY AVERAGE
13.8227 MUR

2017 GEL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 14.8674. Conversely, the yearly low was recorded on November 28, dropping to 12.3310.

This high-to-low spread represents a total annual volatility of 2.5364 MUR. From a start-to-finish perspective, comparing the January average rate of 13.3028 to the December average rate of 12.8907, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.8674 was down 10.95% compared to the 2016 peak of 16.6951, 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 74,337 MUR
2016 Average 75,329 MUR
Yearly Trough Low 61,655 MUR
Transaction Impact: A difference of 12,681.95 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.7664
12.7202
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 14.0886, compared to 13.5569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5317 points.

H1 Avg (Jan–Jun) 14.0886
H2 Avg (Jul–Dec) 13.5569

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.4316 MUR (High: 13.7627 / Low: 12.3310). On the other end, June was the most stable month, with a tight range of 0.1773 MUR (High: 14.4762 / Low: 14.2990).

November Spread (Volatile) ±1.4316
June Spread (Stable) ±0.1773

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4506 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 14.5959) against the same month in 2016 (average: 15.5603), the exchange rate shifted by -0.9644 (-6.20%).

2017 Avg (April) 14.5959
2016 Avg (April) 15.5603

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.5793 13.0930 13.3028
February 13.8845 13.1638 13.4890
March 14.5208 14.2288 14.3589
April 14.8674 14.1656 14.5959
May 14.5591 14.1626 14.3783
June 14.4762 14.2990 14.4066
July 14.4062 13.9203 14.2302
August 14.0085 13.4367 13.8173
September 13.7442 13.2631 13.5121
October 13.7965 13.4476 13.6710
November 13.7627 12.3310 13.2203
December 13.4416 12.3543 12.8907