GEL to MZN Historical Rates

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

10-YEAR HIGH
33.6394 MZN
10-YEAR LOW
16.0880 MZN
10-YEAR AVERAGE
23.4944 MZN

10-Year GEL to MZN Performance & Macro Timing Review

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

Over the last 10 years, the GEL to MZN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on October 3, 2016, when the pair was valued at 33.6394. Conversely, the absolute lowest rate of the decade was recorded on April 21, 2021, dropping to a support floor of 16.0880.

This peak-to-trough range represents a total macro spread of 17.5514 MZN. From a long-term perspective, comparing the decade's oldest annual average of 30.9538 (in 2016) to the newest annual average of 23.8932 (in 2026), the exchange rate registered a net shift of -22.81%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 23.1216, showing a variance of 0.7403 points compared to the older 5-year average of 23.8618.

10-Year Payout Timing Comparison

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

Decade Peak High 168,197 MZN
10-Year Average 117,472 MZN
Decade Trough Low 80,440 MZN
Macro Timing Impact: A difference of 87,756.95 MZN purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

34.8600
14.9681
201620182020202220242026

GEL to MZN 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 23.8618, compared to 23.1216 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.7403 points.

Older 5 Yrs Avg 23.8618
Recent 5 Yrs Avg 23.1216

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2016, with a trading range of 7.7779 MZN (High: 33.6394 / Low: 25.8615). Conversely, 2026 was the most stable year, with a range of 1.0217 MZN (High: 24.4319 / Low: 23.4103).

2016 Spread (Volatile) ±7.7779
2026 Spread (Stable) ±1.0217

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 2016 and 2017, when the average rate fell by 5.2136 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -5.2136

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 30.9538) against the newest annual average (2026: 23.8932), the exchange rate shifted by -7.0606 (-22.81%).

2016 Baseline Avg 30.9538
2026 Current Avg 23.8932

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-08-02 24.4319
2026-08-01 24.3931
2026-07-31 24.3931
2026-07-30 24.3931
2026-07-29 24.3467
2026-07-28 24.3912
2026-07-27 24.3429
2026-07-26 24.3429
2026-07-25 24.3429
2026-07-24 24.3392
2026-07-23 24.3004
2026-07-22 24.3777
2026-07-21 24.3419
2026-07-20 24.3187
2026-07-19 24.3423
2026-07-18 24.3467
2026-07-17 24.3467
2026-07-16 24.3873
2026-07-15 24.3901
2026-07-14 24.2835
2026-07-13 24.1589
2026-07-12 24.1588
2026-07-11 24.1588
2026-07-10 24.1978
2026-07-09 24.2055
2026-07-08 24.1694
2026-07-07 24.2360
2026-07-06 24.2381
2026-07-05 24.2515
2026-07-04 24.2543
2026-07-03 24.2543

Browse by Year

Access full daily ledgers for specific calendar years.