YEARLY HIGH
14.3177 MUR
YEARLY LOW
11.6445 MUR
YEARLY AVERAGE
12.9573 MUR

2021 GEL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 14.3177. Conversely, the yearly low was recorded on April 30, dropping to 11.6445.

This high-to-low spread represents a total annual volatility of 2.6732 MUR. From a start-to-finish perspective, comparing the January average rate of 11.9651 to the December average rate of 14.0648, the exchange rate registered a net change of 17.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 14.3177 was up 3.88% compared to the 2020 peak of 13.7825, 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 71,588 MUR
2020 Average 63,088 MUR
Yearly Trough Low 58,223 MUR
Transaction Impact: A difference of 13,365.83 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

14.2939
11.5442
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: JanтАУJun) was 12.1311, compared to 13.7835 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.6524 points.

H1 Avg (JanтАУJun) 12.1311
H2 Avg (JulтАУDec) 13.7835

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.1598 MUR (High: 13.6292 / Low: 12.4693). On the other end, February was the most stable month, with a tight range of 0.2095 MUR (High: 12.1498 / Low: 11.9403).

June Spread (Volatile) ┬▒1.1598
February Spread (Stable) ┬▒0.2095

Growth Streaks & Declines

Trends

Between April and August, 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 0.2617 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 14.0648) against the same month in 2020 (average: 12.0226), the exchange rate shifted by +2.0422 (+16.99%).

2021 Avg (December) 14.0648
2020 Avg (December) 12.0226

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 12.1027 11.8580 11.9651
February 12.1498 11.9403 11.9969
March 12.1173 11.8330 12.0350
April 11.9942 11.6445 11.7734
May 12.6690 11.6474 12.0240
June 13.6292 12.4693 12.9919
July 13.9719 13.4754 13.7120
August 13.9708 13.6116 13.7554
September 13.8647 13.5852 13.6879
October 13.7937 13.5135 13.6700
November 14.2226 13.6035 13.8111
December 14.3177 13.7735 14.0648