YEARLY HIGH
0.0859 GEL
YEARLY LOW
0.0698 GEL
YEARLY AVERAGE
0.0775 GEL

2021 MUR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0859. Conversely, the yearly low was recorded on December 27, dropping to 0.0698.

This high-to-low spread represents a total annual volatility of 0.0160 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0836 to the December average rate of 0.0711, the exchange rate registered a net change of -14.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0859 was down 2.18% compared to the 2020 peak of 0.0878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 429 GEL
2020 Average 397 GEL
Yearly Trough Low 349 GEL
Transaction Impact: A difference of 80.17 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0863
0.0697
JanuMarcMayJulySeptNove

MUR to GEL 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: Jan–Jun) was 0.0825, compared to 0.0726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.0825
H2 Avg (Jul–Dec) 0.0726

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0069 GEL (High: 0.0859 / Low: 0.0789). On the other end, February was the most stable month, with a tight range of 0.0014 GEL (High: 0.0837 / Low: 0.0823).

May Spread (Volatile) ±0.0069
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0849) against the same month in 2020 (average: 0.0802), the exchange rate shifted by +0.0047 (+5.87%).

2021 Avg (April) 0.0849
2020 Avg (April) 0.0802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0843 0.0826 0.0836
February 0.0837 0.0823 0.0834
March 0.0845 0.0825 0.0831
April 0.0859 0.0834 0.0849
May 0.0859 0.0789 0.0832
June 0.0802 0.0734 0.0770
July 0.0742 0.0716 0.0729
August 0.0735 0.0716 0.0727
September 0.0736 0.0721 0.0731
October 0.0740 0.0725 0.0732
November 0.0735 0.0703 0.0724
December 0.0726 0.0698 0.0711