YEARLY HIGH
13.7825 MUR
YEARLY LOW
11.3902 MUR
YEARLY AVERAGE
12.6193 MUR

2020 GEL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 13.7825. Conversely, the yearly low was recorded on March 25, dropping to 11.3902.

This high-to-low spread represents a total annual volatility of 2.3923 MUR. From a start-to-finish perspective, comparing the January average rate of 12.7138 to the December average rate of 12.0226, the exchange rate registered a net change of -5.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.7825 was up 3.71% compared to the 2019 peak of 13.2893, 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 68,912 MUR
2019 Average 63,211 MUR
Yearly Trough Low 56,951 MUR
Transaction Impact: A difference of 11,961.49 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.2004
11.9155
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 12.7712, compared to 12.4673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3038 points.

H1 Avg (Jan–Jun) 12.7712
H2 Avg (Jul–Dec) 12.4673

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.3923 MUR (High: 13.7825 / Low: 11.3902). On the other end, January was the most stable month, with a tight range of 0.1561 MUR (High: 12.7903 / Low: 12.6342).

March Spread (Volatile) ±2.3923
January Spread (Stable) ±0.1561

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3393 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 12.8017) against the same month in 2019 (average: 12.9333), the exchange rate shifted by -0.1316 (-1.02%).

2020 Avg (March) 12.8017
2019 Avg (March) 12.9333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.7903 12.6342 12.7138
February 13.5110 12.7266 13.0933
March 13.7825 11.3902 12.8017
April 12.7027 11.9336 12.4660
May 12.6248 12.3323 12.4647
June 13.4924 12.4483 13.0874
July 13.0890 12.7994 13.0047
August 12.9652 12.7740 12.8492
September 12.9437 11.8925 12.5287
October 12.4527 12.1669 12.3691
November 12.3385 11.6930 12.0298
December 12.1581 11.9212 12.0226