YEARLY HIGH
13.2893 MUR
YEARLY LOW
12.1643 MUR
YEARLY AVERAGE
12.6439 MUR

2019 GEL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 13.2893. Conversely, the yearly low was recorded on September 30, dropping to 12.1643.

This high-to-low spread represents a total annual volatility of 1.1250 MUR. From a start-to-finish perspective, comparing the January average rate of 12.8738 to the December average rate of 12.6423, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.2893 was down 7.23% compared to the 2018 peak of 14.3249, 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 66,447 MUR
2018 Average 68,499 MUR
Yearly Trough Low 60,822 MUR
Transaction Impact: A difference of 5,624.97 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.0278
12.1820
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 12.8979, compared to 12.3899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5080 points.

H1 Avg (Jan–Jun) 12.8979
H2 Avg (Jul–Dec) 12.3899

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.6508 MUR (High: 13.0809 / Low: 12.4301). On the other end, October was the most stable month, with a tight range of 0.1352 MUR (High: 12.3444 / Low: 12.2092).

June Spread (Volatile) ±0.6508
October Spread (Stable) ±0.1352

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 June and July, when the average rate fell by 0.3316 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 12.9228) against the same month in 2018 (average: 13.2624), the exchange rate shifted by -0.3396 (-2.56%).

2019 Avg (February) 12.9228
2018 Avg (February) 13.2624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.9565 12.7465 12.8738
February 13.2893 12.6396 12.9228
March 13.0820 12.7977 12.9333
April 13.0569 12.8247 12.9574
May 13.0166 12.6846 12.8266
June 13.0809 12.4301 12.8737
July 12.8096 12.1899 12.5420
August 12.3935 12.2155 12.3125
September 12.3344 12.1643 12.2525
October 12.3444 12.2092 12.2857
November 12.3926 12.2179 12.3043
December 12.8402 12.3395 12.6423