GEL to MVR Historical Rates

Analyze long-term market trends and access daily historical data for the GEL/MVR pair.

10-YEAR HIGH
6.6812 MVR
10-YEAR LOW
4.4428 MVR
10-YEAR AVERAGE
5.6124 MVR

10-Year GEL to MVR Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the GEL to MVR exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on August 21, 2016, when the pair was valued at 6.6812. Conversely, the absolute lowest rate of the decade was recorded on May 3, 2021, dropping to a support floor of 4.4428.

This peak-to-trough range represents a total macro spread of 2.2383 MVR. From a long-term perspective, comparing the decade's oldest annual average of 6.3221 (in 2016) to the newest annual average of 5.7746 (in 2026), the exchange rate registered a net shift of -8.66%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 5.5749, showing a variance of 0.0745 points compared to the older 5-year average of 5.6494.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 GEL over the decade:

Decade Peak High 33,406 MVR
10-Year Average 28,062 MVR
Decade Trough Low 22,214 MVR
Macro Timing Impact: A difference of 11,191.66 MVR purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

6.8509
4.2390
201620182020202220242026

GEL to MVR Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 5.6494, compared to 5.5749 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.0745 points.

Older 5 Yrs Avg 5.6494
Recent 5 Yrs Avg 5.5749

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2022, with a trading range of 1.3360 MVR (High: 5.8208 / Low: 4.4848). Conversely, 2026 was the most stable year, with a range of 0.2400 MVR (High: 5.8994 / Low: 5.6593).

2022 Spread (Volatile) ±1.3360
2026 Spread (Stable) ±0.2400

Decade Growth & Declines

Macro Trends

Between 2021 and 2023, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2018 and 2019, when the average rate fell by 0.7238 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -0.7238

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 6.3221) against the newest annual average (2026: 5.7746), the exchange rate shifted by -0.5474 (-8.66%).

2016 Baseline Avg 6.3221
2026 Current Avg 5.7746

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 5.8895
2026-07-28 5.8989
2026-07-27 5.8857
2026-07-26 5.8857
2026-07-25 5.8857
2026-07-24 5.8848
2026-07-23 5.8783
2026-07-22 5.8945
2026-07-21 5.8938
2026-07-20 5.8901
2026-07-19 5.8893
2026-07-18 5.8895
2026-07-17 5.8895
2026-07-16 5.8994
2026-07-15 5.8978
2026-07-14 5.8736
2026-07-13 5.8414
2026-07-12 5.8412
2026-07-11 5.8412
2026-07-10 5.8530
2026-07-09 5.8532
2026-07-08 5.8460
2026-07-07 5.8606
2026-07-06 5.8685
2026-07-05 5.8673
2026-07-04 5.8672
2026-07-03 5.8672
2026-07-02 5.8548
2026-07-01 5.8550
2026-06-30 5.8561

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