2020 GEL to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |