YEARLY HIGH
14.3249 MUR
YEARLY LOW
12.7660 MUR
YEARLY AVERAGE
13.6984 MUR

2018 GEL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 14.3249. Conversely, the yearly low was recorded on January 27, dropping to 12.7660.

This high-to-low spread represents a total annual volatility of 1.5589 MUR. From a start-to-finish perspective, comparing the January average rate of 12.8861 to the December average rate of 12.9026, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 14.3249 was down 3.65% compared to the 2017 peak of 14.8674, 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 71,624 MUR
2017 Average 69,121 MUR
Yearly Trough Low 63,830 MUR
Transaction Impact: A difference of 7,794.39 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.2305
12.7639
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 13.6039, compared to 13.7930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1891 points.

H1 Avg (Jan–Jun) 13.6039
H2 Avg (Jul–Dec) 13.7930

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 1.2644 MUR (High: 14.2236 / Low: 12.9592). On the other end, December was the most stable month, with a tight range of 0.2383 MUR (High: 13.0320 / Low: 12.7936).

November Spread (Volatile) ±1.2644
December Spread (Stable) ±0.2383

Growth Streaks & Declines

Trends

Between January and June, 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 0.8165 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 14.0802) against the same month in 2017 (average: 14.4066), the exchange rate shifted by -0.3264 (-2.27%).

2018 Avg (June) 14.0802
2017 Avg (June) 14.4066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1042 12.7660 12.8861
February 13.6009 12.9815 13.2624
March 13.6437 13.3889 13.5145
April 13.9287 13.6602 13.8159
May 14.1830 13.9005 14.0642
June 14.3249 13.8298 14.0802
July 14.2225 13.9161 14.0614
August 14.2624 13.7879 13.9813
September 14.1000 13.8327 13.9851
October 14.2215 13.9761 14.1083
November 14.2236 12.9592 13.7191
December 13.0320 12.7936 12.9026