2015 GEL to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 GEL to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 21.6711. Conversely, the yearly low was recorded on May 1, dropping to 15.0118.
This high-to-low spread represents a total annual volatility of 6.6593 MZN. From a start-to-finish perspective, comparing the January average rate of 18.5436 to the December average rate of 20.2271, the exchange rate registered a net change of 9.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 21.6711 was up 12.61% compared to the 2014 peak of 19.2440, 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 2015.
GEL to MZN 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 17.3058, compared to 18.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7208 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was March, with a trading range of 4.0465 MZN (High: 19.7397 / Low: 15.6932). On the other end, July was the most stable month, with a tight range of 0.5304 MZN (High: 17.2657 / Low: 16.7353).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.2861 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2015: 20.2271) against the same month in 2014 (average: 18.5789), the exchange rate shifted by +1.6483 (+8.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.1235 | 18.2997 | 18.5436 |
| February | 19.3658 | 18.8010 | 19.1261 |
| March | 19.7397 | 15.6932 | 18.1055 |
| April | 16.4162 | 15.1008 | 15.8193 |
| May | 16.2807 | 15.0118 | 15.5115 |
| June | 17.1474 | 16.1505 | 16.7286 |
| July | 17.2657 | 16.7353 | 17.0369 |
| August | 17.5255 | 16.6232 | 16.8745 |
| September | 18.0205 | 17.3489 | 17.7281 |
| October | 18.2079 | 17.6203 | 17.8117 |
| November | 19.0272 | 17.7258 | 18.4813 |
| December | 21.6711 | 18.2707 | 20.2271 |