YEARLY HIGH
0.0787 GEL
YEARLY LOW
0.0589 GEL
YEARLY AVERAGE
0.0659 GEL

2022 MUR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MUR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0787. Conversely, the yearly low was recorded on August 7, dropping to 0.0589.

This high-to-low spread represents a total annual volatility of 0.0198 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0705 to the December average rate of 0.0610, the exchange rate registered a net change of -13.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0787 was down 8.31% compared to the 2021 peak of 0.0859, 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 394 GEL
2021 Average 388 GEL
Yearly Trough Low 295 GEL
Transaction Impact: A difference of 99.15 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0740
0.0598
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 0.0695, compared to 0.0624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.0695
H2 Avg (Jul–Dec) 0.0624

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0103 GEL (High: 0.0787 / Low: 0.0685). On the other end, November was the most stable month, with a tight range of 0.0016 GEL (High: 0.0624 / Low: 0.0608).

March Spread (Volatile) ±0.0103
November Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0031 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0728) against the same month in 2021 (average: 0.0831), the exchange rate shifted by -0.0103 (-12.40%).

2022 Avg (March) 0.0728
2021 Avg (March) 0.0831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0718 0.0697 0.0705
February 0.0720 0.0669 0.0686
March 0.0787 0.0685 0.0728
April 0.0716 0.0675 0.0702
May 0.0712 0.0657 0.0688
June 0.0692 0.0642 0.0663
July 0.0658 0.0607 0.0645
August 0.0656 0.0589 0.0614
September 0.0676 0.0618 0.0633
October 0.0638 0.0607 0.0621
November 0.0624 0.0608 0.0618
December 0.0620 0.0599 0.0610